According to a report by Jin Shi data, DBS Bank economist Radhika Rao stated that due to conflicting signals, the market has differing views on the Reserve Bank of India's rate decision on Friday. Rao believes that the actions of the Reserve Bank of India will depend on policymakers' trade-offs between below-target inflation and strong second-quarter economic growth reports. The bank's baseline scenario is a moderate rate cut, provided that the inflation path for the fiscal year 2026 is below the Reserve Bank of India's forecast. Despite the basis for a rate cut, the sharp fluctuations of the rupee this week inject uncertainty into the rate decision. Rao expects announcements regarding potential open market operations may be released outside the timeline of the rate decision.