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Policy▼ Bearish for Indian equities
Business Standard poll: RBI may hike repo rate by 25 bps in October meet
The brief
- A Business Standard poll sees the RBI raising the repo rate by 25 bps in October
- Higher crude raises inflation risks, while resilient growth could prompt an upward FY27 forecast revision
- A rate hike would weigh on Indian borrowers and rate-sensitive stocks, while supporting banks’ lending margins
- Fed officials diverge: Jefferson urges rate patience, while Kashkari sees need for hikes
- India's $133 billion cash deluge puts RBI on a more hawkish policy path
- A weak rupee would push RBI to follow tightening path
- BOJ debated more rate hikes, scope for faster move at Sept meeting, summary shows
- RBI MPC meet: Why your borrowing costs may go up from October