Economists are forecasting that the Reserve Bank of India (RBI) will reduce interest rates by 25 basis points in its upcoming three-day monetary policy meeting. The drop in inflation, slowing growth rates, and declining crude oil prices are contributing to the likelihood of this decision. Analysts also anticipate a shift towards an ‘accommodative’ policy stance from the central bank. The move is seen as a response to the current economic conditions and the need to stimulate growth in key sectors. The RBI’s decision will have widespread implications for businesses and consumers across India, impacting borrowing costs and investment decisions. Stay tuned for updates on the RBI’s monetary policy decision and its potential effects on the Indian economy.