New Delhi, Dec. 6 -- SBI Research has described the Reserve Bank of India's decision to cut the policy repo rate by 25 basis points as an exceptional move, noting that the easing comes despite one of the most favourable macroeconomic backdrops in recent years.

Unusual Easing Under Strong Conditions

The research report said the rate cut stands out globally, as central banks rarely ease policy when growth and inflation conditions are congenial, reported ANI.

India's GDP expanded 8.2 per cent in the July-September 2025 quarter, while retail inflation fell to 0.25 per cent in October.

SBI Research cited limited historical parallels, pointing to episodes in the UK, China and Indonesia. In most cases, it noted, rate cuts abroad occurred whe...