💨 Abstract
The SBI Research report predicts a possible 50 basis point rate cut by the Reserve Bank of India in June and August, with total rate cuts potentially exceeding 100 basis points due to economic uncertainty. The report also anticipates a GDP growth of 6.3% for the financial year 2026, but with a downward bias. Inflation has hit a multi-year low, and the RBI forecasts it at 4%.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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