RBI may deliver 50 bps ‘jumbo’ hike in December, repo rate seen at 6%: SBI Research

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SBI Research expects the Reserve Bank of India could raise its repo rate by 50 basis points to 6% by December. The report says the central bank may also take additional measures, though it provides no further details.

New Delhi: The Reserve Bank of India could raise the repo rate by another 50 basis points to 6 per cent by December, while taking additional measures to...