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MPC external member Ram Singh says repo hike not likely yet
Economy
Published on 24 April 2026
A quick West Asia resolution could cool inflation spillovers
MPC external member Ram Singh signaled that a repo rate hike is not on the cards for now, tying the decision to whether inflation triggers second-round effects. He expects the West Asia conflict to ease, which could moderate price pressures, while saying forex reserves remain adequate and open market operations will support liquidity. Growth, he adds, stays resilient despite supply risks.
- Repo hike appears unlikely in the near term
- Second-round inflation effects are the key condition
- West Asia easing could reduce price spillovers
- Liquidity and forex buffers remain in focus
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times