The RBI may "pause" the repo rate hike in February policy, though it could still guide the markets with a rate action in future that will be purely data dependent, says SBI Research
Economic Survey says India's strong macro fundamentals will underpin the return of global capital flows to the country once the "fog of uncertainty" lifts.
The RBI may likely hike rates in smaller magnitude in December policy, attuned to emerging market central banks and the overall rate-setting tone, the SBI Research report says.