Multan Chamber of Commerce and Industry (MCCI) on Sunday urged the State Bank of Pakistan (SBP) to cut another 150 to 200 basis points in policy rate in the third monetary policy. The announcement by SBP on this effect is likely to be announced on November 30. The cut will revive businesses, overcome low growth, encourage new investment and jump-start the national economy, President MCCI, Anis A Sheikh said.