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SBI Study Suggests 25 Bps Rate Cut as Optimal Move for RBI in Upcoming Monetary Policy
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SBI Study Suggests 25 Bps Rate Cut as Optimal Move for RBI in Upcoming Monetary Policy

New Delhi: A recent study by the State Bank of India (SBI) has recommended that the Reserve Bank of India (RBI) consider a 25 basis points (bps) reduction in the key benchmark lending rate in its forthcoming monetary policy. The recommendation comes amid expectations of continued benign retail inflation into the next financial year. Since...