Mumbai

A SBI research report has pitched for a 25 bps rate cut, saying it is the ‘best possible option’ for the Reserve Bank of India , though some other experts opined that the central bank’s rate-setting panel may again opt for status quo in its bi-monthly policy to be announced on October 1.

RBI Governor Sanjay Malhotra-headed Monetary Policy Committee (MPC) is scheduled to begin a three-day brainstorming on policy rate on Monday in the backdrop of the ongoing geopolitical tensions and the US imposing 50% tariffs on Indian shipments. The decision will be announced on October 1.

The RBI reduced the key short-term lending rate (repo) by 100 basis points in three tranches beginning in February, amidst declining consumer price index (CPI) based inflation. However, the central bank opted

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