RBI may hike rates by 25-50 bps in December: Jefferies

Global brokerage Jefferies expects the RBI to raise the repo rate by 25-50 basis points at its December 4, 2026 MPC meeting, as system liquidity surplus moderates. It also projects bank credit growth to ease to 14-16% by March 2027, while easing oil prices and bond yields may support bank margins and profitability.