Mumbai, Feb. 4 -- The Reserve Bank of India (RBI) is expected to cut its policy rate by 75 basis points (bps) during the upcoming easing cycle, beginning with two successive reductions in February and April 2025, according to an SBI Research report.

The report suggests that the rate-cutting cycle will start with a 25-bps reduction in February.

"Cumulative rate cuts over the cycle could be at least 75 basis points, with two successive cuts in February and April 2025. After a pause in June 2025, another round of rate cuts could resume in October 2025," it stated.

The Reserve Bank of India (RBI) is set to announce its policy review on February 7.

The domestic rate-setting panel has maintained the policy repo rate at its current level for...