https://www.taxtmi.com/news?id=42888 SBI Research forecasts cumulative policy rate reductions by March 2026 contingent on sustained disinflation, recommending larger "jumbo" cuts rather than small incremental steps. The report bases this on easing CPI inflation and a neutral nominal policy rate near 5.65 per cent, anticipates repo linked lending rates to transmit quickly while MCLR and deposit rates adjust with lag, and notes an exchange rate outlook consistent with the projected easing. en-us Mon, 05 May 2025 15:46:04 +0530 Mon, 05 May 2025 15:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42888 SBI Research forecasts cumulative policy rate reductions by March 2026 contingent on sustained disinflation, recommending larger "jumbo" cuts rather than small incremental steps. The report bases this on easing CPI inflation and a neutral nominal policy rate near 5.65 per cent, anticipates repo linked lending rates to transmit quickly while MCLR and deposit rates adjust with lag, and notes an exchange rate outlook consistent with the projected easing. News - Mon, 05 May 2025 15:46:04 +0530 https://www.taxtmi.com/news?id=42888