According to the recent report from the State Bank of India, it has been learnt that the RBI may announce a cut in the repo rate by 50 basis points in its upcoming monetary policy announcement on June 6. As you know, the RBI has given important information regarding the repo rate many times before. Now the report has been released by the State Bank of India i.e. SBI.
According to the report, a big cut in interest rates can help revive the loan cycle and this effort can also be beneficial for all the bank’s customers, so that the total interest rate cut during the loan relief cycle can possibly be around 100 bps.
For the second time, SBI had also said that it may cut rates by 50 basis points in the June 2025 policy as a big rate cut may not revive the credit cycle and it may benefit millions of customers.
Apart from this, according to the information that is coming out, deposit HD rates have been cut by 30-70 bps. The report also clearly states that the impact of rate cuts in the quarters is expected to be strong on depositors as well and it can have a deep impact in the coming times.
India’s GDP has seen a growth of 7.4% in the fourth quarter of the year 2025 and it was 8.4% in the quarter of the previous financial year which has decreased this year. It is believed that in 10 years, a growth of 9.4% has been seen. Some improvement can be seen in the coming year as well.