New Delhi, April 16 -- As inflation hits a multi-year low and expectations remain subdued, a rate cut by the Reserve Bank of India (RBI) of 50 basis points is possible in June and August, said a report by SBI Research.

The report also suggests that total rate cuts could exceed 100 basis points amid growing concerns over an increasingly uncertain economic environment.

The report anticipates that GDP growth for the financial year 2026 (FY26) will stand at 6.3 per cent, with a downward bias.

"With multi-year low inflation this month and benign inflation expectations going forward, we expect rate cuts of 50 basis points in June and August. We believe the cumulative rate cuts could be now more than 100 basis points with an increasingly unce...