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Policy▼ Bearish for Indian equities
RBI Rate Hike Ahead? SBI Research Flags Inflation, Rupee Risks For October MPC
The brief
- SBI Research expects the RBI to begin raising rates in October
- It cites inflation, rupee weakness, global risks and tighter liquidity
- Higher-rate expectations may weigh on Indian borrowers and rate-sensitive stocks
- SBI leads demand, snaps up 40% of Reliance Industries’ ₹13,000 crore bond issue
- Why $143.5-billion FCNR inflows may not mean abundant bank liquidity
- New rules for ATMs, UPI, NPS, and LPG: 5 big October 2026 money changes to impact your finances and banking
- Rupee near 97: Rupee faces multi-front pressure; SBI Research calls for immediate protective measures
- SBI economists expect RBI to raise repo rate 25 bps to 5.50%
Expectations for RBI rate hikes
Analysts and market pricing point to RBI rate increases as inflation broadens and growth remains strong, though forecasts vary. Nomura expects 50 bps of hikes by December, while BofA forecasts 100 bps through H1 2027; SBI Research cites inflation, rupee weakness, global risks and tighter liquidity.
Friday, 2 October
- RBI Rate Hike Ahead? SBI Research Flags Inflation, Rupee Risks For October MPC