According to a report by SBI Research, the Reserve Bank of India (RBI) should refrain from increasing the repo rate in its upcoming monetary policy meeting to manage pressures on the Indian rupee. The report suggests that the RBI can utilize short-term interest rate tools and liquidity measures instead. It argues that raising the repo rate is unnecessary despite global uncertainties and high crude oil prices impacting currencies and financial markets. The report highlights the RBI's past actions, specifically in July 2013, when it raised the Marginal Standing Facility (MSF) rate to address exchange rate volatility without altering the reverse repo rate. SBI Research advocates for a 'Hold the rates' approach and recommends strategies like 'Operation Twist' to alleviate market pressures while maintaining stable borrowing costs. Additionally, the report projects India's GDP growth at 7.2% for the fourth quarter of FY26 and 7.5% for the entire fiscal year, although it cautions that ongoing geopolitical uncertainties could alter these growth estimates.