RBI To Hike Repo Rate In October, External Environment 'Unforgiving' For India: HSBC's Pranjul Bhandari
- HSBC’s Pranjul Bhandari said RBI should hike rates in October, not wait until December
- She urged the RBI to pair a rate hike with measures to absorb surplus liquidity
- A rate hike could pressure Indian borrowers while supporting banks’ lending yields
