RBI May Hike Rates by 25 Bps in October, December as CPI Could Cross 6.5 Pc: SBI Research

RBI may hike rates by 25 bps in October, December as CPI could cross 6.5 pc: SBI Research

The Reserve Bank of India (RBI) may consider two calibrated 25-basis-point rate hikes at its October and December Monetary Policy Committee (MPC) meetings as inflation becomes more broad-based and higher crude oil prices intensify imported price pressures, according to an SBI Research report.

Inflation may cross 6.5%: SBI Research sees RBI hiking repo rate in October, December - BusinessToday

SBI Research expects CPI inflation to cross 6.5% before easing below 6% in early 2027, raising concerns over broader and persistent price pressures. It has therefore called for two 25-basis-point repo rate hikes by the RBI—in October and December—followed by a pause.

SBI sees scope for 25-bps rate hikes in October, December as inflation risks mount

New Delhi, Sep 15 (SocialNews.XYZ) India may need a calibrated monetary policy response to rising inflation, with the October and December meetings of the Reserve Bank of India’s Monetary Policy Committee (MPC) offering an opportunity... - Social News XYZ