New Delhi, Feb. 9 -- The Reserve Bank of India (RBI) is likely to have reached the end of its interest rate-cutting cycle and may now opt for a prolonged pause, unless fresh inflation or growth data present unexpected developments, according to a report by Bank of Baroda (BoB).

Policy Signals Point to Hold

The report noted that recent policy signals from the RBI, including the retention of a neutral monetary policy stance, indicate a shift in focus towards supporting economic growth while maintaining financial stability, rather than pursuing further rate cuts, reported ANI.

It stated that the central bank appears to have limited room to lower rates further under current conditions.

The RBI Governor, in his latest policy statement, sai...