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flag SBI recommends RBI shift CRR use and predicts a 25 basis points repo rate cut in February.

flag The State Bank of India (SBI) suggests the Reserve Bank of India (RBI) shift the use of the Cash Reserve Ratio (CRR) from a liquidity management tool to a regulatory intervention tool, acting as a buffer based on the economy's needs. flag The report also recommends replacing the current main policy rate, the Weighted Average Call Rate (WACR), and predicts a 25 basis points cut in the repo rate at the RBI's February 2025 meeting, with an expected total reduction of 75 basis points during the year.

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