Tuesday, 29 September 2026Updated 3m ago
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Policy▼ Bearish for Indian equities

RBI may face two hikes, one dilemma as repo rate is seen hitting 5.75% soon: Report

2 sources · first seen 17:52 29 Sept · updated 18:32 29 Sept

The brief

Written from 2 reports · check the source before you trade
  • RBI is projected to raise the repo rate by 25 basis points in October and December
  • The repo rate is seen reaching 5.75%
  • Higher rates can pressure Indian borrowers and bank margins, while supporting deposit yields

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Repo rate16 todayRBI33 todayCPI inflation6 today

Linked by the tag CPI inflation

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Part of a developing story11 updates over 5 days

Expectations for RBI rate hikes

Economists and analysts increasingly expect RBI rate increases as inflation broadens and growth remains strong. Forecasts include two 25-basis-point hikes by December, taking the repo rate to 5.75%.

Tuesday, 29 September

  1. 2 sourcesYou are here
    RBI may face two hikes, one dilemma as repo rate is seen hitting 5.75% soon: Report

Monday, 28 September

  1. 3 sources
    RBI MPC October 2026: Sanjay Malhotra & co may raise interest rates to 5.50% as inflation broadens, poll finds
  2. 3 sources
    Broadening inflation and strong growth add to pressure for an RBI rate hike
  3. 3 sources
    HSBC expects RBI to raise rates by 50 bps in FY27
  4. 5 sources
    Nomura expects RBI to raise rates by up to 50 bps by December
  5. Markets pricing an excessive 125bps rate hike over the next one year: Nomura

Sunday, 27 September

  1. Daily Voice: RBI stance shift likely in October, rate hike in December, says Valtrust's Rahul Bhutoria

See all 11 updates →

Read the reports

2 reports · earliest 17:52
Economic TimesRBI may face two hikes, one dilemma as repo rate is seen hitting 5.75% soon: Report17:52Business StandardNomura projects terminal repo rate of 5.75% following Oct, Dec hikes18:32