Following the MPC decision, the repo rate, or the rate at which the central bank lends to commercial banks, has risen from 5.25% to 5.5%. HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well. Key points and original sources are listed below.

• Following the MPC decision, the repo rate, or the rate at which the central bank lends to commercial banks, has risen from 5.25% to 5.5%.S1

• HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.S2