India's RBI May Start Rate-Hike Cycle, Repo Rate Potentially Reaching 6% By FY27
The Reserve Bank of India (RBI) may initiate a rate-hike cycle, potentially increasing the repo rate to 6% by the end of FY27. Reports suggest Union Bank and ICICI Bank anticipate a baseline of 75 basis points of tightening, influenced by inflation and global risks.
Union Bank and ICICI Bank see 75-basis-point tightening as the baseline, with inflation and global risks shaping the outlookThe Reserve Bank of India (RBI) could begin a rate-hike cycle that takes the repo rate to 6 per cent by the end of FY27, as rising inflation, elevated global yields and resili…