SBI Flags Back-To-Back Rate Hikes, Inflation Risks Mount Across India
Mumbai: India may require a calibrated monetary response as inflation pressures broaden, with the Reserve Bank of India’s October and December policy meetings offering room for two consecutive 25-basis-point rate increases, State Bank of India said. In its latest Ecowrap report, SBI described the two meetings as a 'perfect pitch' for nuanced rate action, followed by a pause to assess incoming…
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