RBI may cut repo rate by 25 basis points, it's best possible option: SBI Research
The RBI may cut the repo rate by 25 basis points in its upcoming bi-monthly policy, to be announced on October 1, as per a SBI Research report. The report termed this the "best possible option" as India's inflation rate is expected to stay benign in the next financial year. Monetary Policy Committee will begin a three-day meeting on Monday.