SBI sees 25 bps rate cut as RBI’s ‘best option’ in September MPC meet

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The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may announce a 25 basis points (bps) cut in its September policy meeting as it is the best possible option at this stage, according to a report by State Bank of India (SBI).

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SBI sees 25 bps rate cut as RBI’s ‘best option’ in September MPC meet

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