SBI Research sees 50 bps RBI hike in December, repo at 6%
In short
SBI Research expects the RBI to raise rates by 50 basis points in December, which would put the repo rate at 6%. It also said inflation may peak at about 6.8% in November 2026.
This matters for borrowing costs, bond yields, and market expectations. The RBI has not been quoted here, and it is not stated whether the forecast is widely shared.
What the reporting says
SBI Research expects the RBI to deliver a 50 basis-point rate hike in December, with the repo rate seen at 6%. The only reported supporting detail is its projection that inflation will peak around 6.8% in November 2026. The source does not state the policy meeting date, the RBI’s response, or whether this forecast has been adopted by markets.
Why it matters
The report is a rate-call forecast, not a policy action: SBI Research sees a 50 basis-point hike in December and a repo rate of 6%. It also projects inflation peaking around 6.8% in November 2026. The market significance is that rate expectations can shift borrowing costs and bond pricing, but the RBI’s actual decision remains unknown.