SBI Research Sees September Inflation At 5.65%, Expects RBI To Hike Repo Rate
SBI Research expects India’s retail inflation to accelerate to around 5.65% in September and cross 6.5% in October and November, before easing below 6% in early 2027. In its pre-Monetary Policy Committee report, the research arm of State Bank of India said the Reserve Bank of India could raise the policy repo rate by at least 25 basis points at its October 5-7 meeting. It cited broader price…
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