RBI Governor: Rate Cuts Depend on Outlook, Not Current Inflation

The RBI (like the country's bank) is thinking about lowering interest rates.

The Governor, Sanjay Malhotra, said they will make the decision carefully.

They won't just look at what's happening right now, like how prices are changing, but also how they think things will be in the future.

Even though prices have come down a little, they might go up again later.

The RBI considers how the economy will perform in the coming year when making decisions about rate cuts, not just today's numbers.