The State Bank of India (SBI) projects that the Reserve Bank of India (RBI) may implement a 50 basis points (bps) reduction in the repo rate during its upcoming RBI monetary policy meeting on June 6, 2025. This anticipated "jumbo" rate cut is seen as a strategic move to stimulate credit demand and sustain economic momentum, especially as inflation remains under control.
In a rapidly evolving financial world where new investment avenues crop up every day, one instrument continues to dominate the hearts—and wallets—of Indian savers:...
