RBI may go for a rate cut in Feb 2025 as inflation is still above 4 pc: SBI research

New Delhi [India], September 20 (ANI): In light of the recent 50 basis points (bps) rate cut by the US Federal Reserve, the Reserve Bank of India (RBI) may consider a similar move but not this year, potentially announcing a rate cut by February 2025, according to a report by SBI Research.

The report highlighted that India's consumer price index (CPI) inflation has eased to a near five-year low of 3.65 per cent year-on-yea