RBI Seen Beginning Rate-Hike Cycle, Repo Rate May Reach 6% by FY27
Research reports suggest the Reserve Bank of India is poised to initiate a rate-hike cycle, potentially bringing the repo rate to 6% by the end of FY27. This outlook is driven by rising inflation, elevated global yields, and robust domestic growth, which collectively support a tighter monetary policy.
The Reserve Bank of India is seen starting a rate-hike cycle that could lift the repo rate to 6 per cent by the end of FY27, according to research reports. The view is based on rising inflation, elevated global yields and resilient domestic growth, which are seen as supporting tighter monetary policy.