RBI Repo Rate May Climb To 6% In FY27 As G-Sec Yields Face Upward Pressure: Report
The Reserve Bank of India (RBI) could raise the repo rate by 25 basis points in October, with one or two more hikes possible later in FY27, potentially taking the benchmark rate to 5.75-6 per cent, according to a Union Bank of India report. The report said persistent inflation risks, elevated crude oil prices and…