Analysts predict RBI to lift repo rate for first time since Feb 2023

Economists across the country are converging on a single view: the RBI is likely to raise the repo rate during its upcoming MPC meeting. The inflation trajectory, which rose from 4.45 % in July to 4.82 % in August, is adding urgency to policy action.

The SBI’s risk assessment highlights that postponing a decision could expose the economy to greater volatility, given persistent oil price pressure and re‑pricing of global risks. A decisive move in early October would signal a shift from prolonged monetary support to a more cautious approach.