Economy & Policy◆ Mixed
RBI Rate Hike: BofA Bets On 100 Bps More; Goldman, Citi, Kotak See A Shallower Cycle
RBI moved higher.
· NDTV Profit
HSBC takes a less aggressive view on the road ahead, arguing that the new stance is more consistent with mild rate hikes rather than a deep tightening cycle.
The analysis
RBI reported movement of 100 Bps. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.