INDIA MARKET LENS
◆ Mixed

At Least One More Fed Hike Likely; RBI Also Set To Raise Rates, Says Nomura — Here's Why

RBI moved higher.

22 Sept 2026 · NDTV Profit

Subbaraman also expects the RBI to raise interest rates going forward, with Nomura forecasting hikes in both October and December.

  • With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.