SBI Capital Markets expects the RBI to raise the repo rate by 75-100 basis points in the current tightening cycle, with inflation peaking in Q3FY27. The report cites the MPC's recent 25-bps hike and shift to 'Calibrated Tightening'. It sees the policy cycle turning in Q1FY28, supporting bank margins near term.
SBI Capital Markets: RBI May Raise Repo Rate 75-100 bps
Source: Moneycontrol