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RBI should hike rate by 25 bps in October to counter external shocks: Report

Summary by Times of India
An SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike next month, it says. This action aims to counter external shocks and rising crude oil prices. Inflationary pressures are also showing signs of becoming more widespread. The report advocates for a second rate increase in December.

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RBI should implement two 25‑bps hikes, oil shock could push inflation above 6.5 pc: Report

New Delhi, Sep 12 (SocialNews.XYZ) The Reserve Bank of India (RBI) should implement a 25 basis‑point rate hike by October, followed by another 25 bps in December, as rising global oil and commodity prices and... - Social News XYZ

The Reserve Bank of India (RBI) is likely to hike key interest rates in the upcoming monetary policy review, an SBI research report released on Friday said. This is assuming greater significance with the RBI's bi-monthly monetary policy review scheduled for next month.

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Business Today broke the news in India on Friday, September 11, 2026.
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