The Reserve Bank of India’s bi-monthly inflation expectations survey showed a moderation in inflation over both three- and 12-month horizons, raising expectations inflation has peaked, despite rising food prices. RBI repo rate has remained unchanged at 6.5% for three consecutive policies with consumer price inflation on target, but economists continue to warn that the impact of El Nino on crops and the recent strengthening of global commodity prices like crude oil, may push inflation up.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may
September 30, 2026