The RBI decision to start the easing cycle with a 25-bps cut was timely: SBI

Mr. CS Setty, Chairman, SBI: Quote that, “The RBI decision to start the easing cycle with a 25-bps cut was timely, contextual and also well communicated with respect to regulatory changes in transition to ensure a seamless  and non-disruptive manner. The RBI growth and inflation forecasts for FY26 clearly shows the delicate tradeoff between growth and inflation.

The regulatory announcement on forward contract, reviewing trade settling cycle and addressing cyber security in banks and payment systems will ensure better price discovery, more broad basing of participants and ensuring trust in digital banking.”