Denemek ALTIN - Özgür
RBI may go for 50 bps jumbo rate cut to counter uncertainty: SBI report
The Political and Business Daily
|June 03, 2025
A new SBI report on Monday projected a mega 50-basis point rate cut in June's RBI MPC policy, saying that a large rate cut could reinvigorate a credit cycle and act as a counter-balance to uncertainty.
-
The cumulative rate cut over the cycle could be 100 basis points, said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI.
"Domestic liquidity and financial stability concerns have receded. Inflation is expected to stay within the tolerance band. Keeping the domestic growth momentum intact should be the main policy focus and provide the justification for a jumbo rate cut," he mentioned.
With liquidity in an extended surplus mode, liabilities are getting repriced faster in the current rate-easing cycle. Banks have already reduced interest rates on savings accounts to the floor rate of 2.70 per cent.
Bu hikaye The Political and Business Daily dergisinin June 03, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Political and Business Daily'den DAHA FAZLA HİKAYE
The Political and Business Daily
Top court upholds poll panel's SIR exercise
Says Special Intensive Revision voter roll exercise breathes life into mandate for fair elections
2 mins
May 28, 2026
The Political and Business Daily
SARTHAK-PDS extended for 5 yrs with ₹ 25,530-cr outlay
THE Union Cabinet on Wednesday approved the continuation of the 'SARTHAK-PDS' scheme for five years with a financial outlay of Rs 25,530 crore till March 2031, marking a significant step towards overhauling the country's public distribution infrastructure through technology-led reforms.
1 min
May 28, 2026
The Political and Business Daily
Agarwal thanks CM Majhi for Govt.'s support, reaffirms Vedanta's commitment to being steadfast partner in Odisha's growth story
CHIEF Minister Mohan Charan Majhi Wednesday here discussed the progress of Vedant's projects worth over Rs 1 lakh crore with group Chairman Anil Agarwal, Chairman of the Vedanta Group.
1 mins
May 28, 2026
The Political and Business Daily
DoT rolls out QR-based login, short-duration plans under PM-WANI reforms
THE Department of Telecommunications (DoT) has introduced a series of user-friendly reforms under the PM-WANI (Prime Minister's Wi-Fi Access Network Interface) framework aimed at expanding affordable and easier public Wi-Fi access across the country, the government said on Tuesday.
1 min
May 27, 2026
The Political and Business Daily
Govt set to install anti-drone systems within 6 months to check smuggling of narcotics: Shah
UNION Home Minister Amit Shah on Tuesday said that the government is in the process of installing anti-drone systems within the next six months as part of increased vigilance to curb the smuggling of narcotics and weapons through drones.
1 mins
May 27, 2026
The Political and Business Daily
'Mere speculation, no reality': Congress on talk of leadership change in Karnataka
THE Congress on Tuesday termed as \"mere speculation\" the talk about any leadership change in Karnataka and asserted that the day-long discussions between the central and state top brass were solely focused on the upcoming elections to the Rajya Sabha and the state's Legislative Council.
1 min
May 27, 2026
The Political and Business Daily
'Sabka Saath, Sabka Vikas': NDA leaders hail 12 years rule
Praise PM as Modi govt enters 13th year of governance at Centre
1 mins
May 27, 2026
The Political and Business Daily
Eye on China: Quad ramps up Indo-Pacific surveillance & critical mineral cooperation
SEEKING to inject fresh momentum into the grouping, the Quad on Tuesday announced energy security and critical minerals frameworks to mitigate supply chain disruptions and unveiled major measures to upgrade maritime surveillance and port infrastructure across the Indo-Pacific, even as clarity remained elusive on the timing of the next summit of the grouping.
2 mins
May 27, 2026
The Political and Business Daily
President Droupadi Murmu confers Padma Awards; actor Dharmendra and violinist N Rajam honoured
PRESIDENT Droupadi Murmu on Monday conferred the Padma Vibhushan on Bollywood actor Dharmendra posthumously and classical musician and violinist N Rajam at a Civil Investiture Ceremony at the Rashtrapati Bhavan here.
1 min
May 26, 2026
The Political and Business Daily
No Ebola case reported in India so far, says Health Minister Nadda; reviews preparedness
NO case of Ebola Virus Disease has been reported in the country so far, the government said on Monday as Union Health Minister J P Nadda reviewed the preparedness and surveillance measures to prevent any possible outbreak in India.
1 min
May 26, 2026
Listen
Translate
Change font size

