HSBC expects the RBI to raise the repo rate by 25 bps to 5.5% in October, followed by another 25-bps hike in December. It expects September inflation to rise to around 5.5% from 4.8% in August, with inflation averaging just above 6% in the fourth quarter of 2026.
HSBC expects the RBI to raise the repo rate by 25 bps to 5.5% in October, followed by another 25-bps hike in December. It expects September inflation to rise to around 5.5% from 4.8% in August, with inflation averaging just above 6% in the fourth quarter of 2026.
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