RBI likely to cut repo rate by 50 basis points on June 6, says SBI
Monday, 2 June 2025 State Bank of India anticipates a significant 50 bps repo rate cut by the RBI in its June 6 policy meeting, potentially triggering a credit cycle revival. Surplus liquidity has already led to reduced deposit rates. Diminished concerns over liquidity and financial stability, coupled with a projected 3.5% CPI inflation for FY26, support prioritizing economic growth through monetary policy.
Lower inflation keeps the window open for one more repo rate cut by the Reserve Bank of India (RBI), apart from the 100 basis points cut announced so far, the... Zee News Also reported by •IndiaTimes
HDFC Bank has lowered its benchmark lending rates by 10 basis points across all loan tenures, effective June 7, following the Reserve Bank of India's unexpected... IndiaTimes Also reported by •Zee News
In a surprise move, the RBI slashed the repo rate by 50 basis points to 5.5%, exceeding expectations. This decision, driven by a lower projected inflation rate... IndiaTimes
Monday, 2 June 2025
