RBI should hike rate by 25 bps in October to counter external shocks: Report
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SBI Research Sees RBI Rate Hikes in October, December as Inflation Risks Rise
Get latest articles and stories on Business at LatestLY. The Reserve Bank of India is likely to raise its policy rate by 25 basis points in October and another 25 basis points in December as rising crude prices and broader inflation pressures threaten to push inflation higher, SBI Research said in its latest Ecowrap report. Business News | SBI Research Sees RBI Rate Hikes in October, December as Inflation Risks Rise.
RBI should hike repo rate by 25 bps in October, December to counter inflation: SBI Research
SBI Research has recommended two 25-basis-point repo rate hikes in October and December, citing elevated crude oil prices, external shocks and emerging signs of broader inflationary pressures.
The Economic Times
Times of IndiaRBI should hike rate by 25 bps in October to counter external shocks: Report
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.
RBI Repo Rate: SBI Research Predicts 25 Bps Hike In October; What It Could Mean For EMIs And FDs - PUNE PULSE
The RBI has kept the repo rate at 5.25% for four consecutive reviews, but SBI Research now expects two 25-basis-point hikes by December as crude oil and inflation risks rise. By Vidhi Lalla SBI Research has recommended a 25 basis point (bps) repo rate hike in October, followed by another 25 bps increase in December. If
The Reserve Bank of India (RBI) should raise the repo rate by 25 basis points in October and then an additional 25 basis points in December. Because of this, the rise in crude oil and commodity prices globally is expected to increase inflation. This information was given in the report of SBI Research. The report states that the inflation rate is expected to be between 4.8-4.9 percent in August. If crude oil remains at a high level, then inflatio…
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