August 13, 2025 12:00 PM
Inflation at 98-month low, further RBI rate cuts difficult this year: SBI Research
As August inflation print is expected to cross 2% and be closer to 2.3%, a rate cut by the Reserve Bank of India (RBI) in October seems to be a tough move, a research by the State Bank of India (SBI) stated on Wednesday, adding that even a rate cut in December looks slightly difficult if growth numbers for Q1 and Q2 are taken into consideration. India’s Consumer Price Index (CPI) inflation moderated to 98-month low of 1.55% in July, compared to 2.10% in June and 3.60% in July 2024. The Jul...


