A 25 basis points (bps) rate cut is the best possible option for RBI in the upcoming October bi-monthly monetary policy review, but this will require calibrated communication from the central bank as post June, the bar for rate cut is indeed higher, according to SBI’s economic research department.“There is merit and rationale in going for a September rate cut...But there is no point in committing a Type 2 error again (No rate cut with Neutral Stance) by not cutting rates in September as inflation will conti ...