RBI may hike repo rate by 75-100 bps in current cycle as inflation persists- SBI Capital flags December hike risk
SBI Capital Markets indicated that the Reserve Bank of India (RBI) may raise the repo rate by 75-100 basis points due to persistent inflation. The RBI's recent shift to a 'Calibrated Tightening' stance reflects its focus on controlling inflation, with decisions hinging on upcoming inflation data. The next policy meeting is anticipated in December 2026, amid strong GDP growth and potential risks to consumption.