A SBI research report has pitched for a 25 basis points (bps) cut in the repo rate , calling it the “best possible option” for the Reserve Bank of India ( RBI ), even as several experts believe the central bank’s Monetary Policy Committee (MPC) may once again choose to hold rates steady in its upcoming policy review. The Sanjay Malhotra-headed MPC will begin its three-day deliberations on Monday against the backdrop of ongoing geopolitical tensions and the US decision to impose 50 per cent tariffs on Indian shipments. The policy decision will be announced on October 1, PTI reported. The RBI has already reduced the key repo rate by 100 bps in three tranches since February, citing easing consumer price index (CPI) inflation. However, it kept rates unchanged in the August policy, ad

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