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The Economic Times

Economy / The Economic Times

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RBI should hike rate by 25 bps in October to counter external shocks: Report

An SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike next month, it says. This action aims to counter external shocks and rising crude oil prices. Inflationary pressures are also showing signs of becoming more widespread. The report advocates for a second rate increase in December.

11 Sep 2026 9:09 pm