RBI repo rate seen climbing to 6% in FY27; G-Sec yields face upward pressure
The Reserve Bank of India (RBI) is expected to increase the repo rate by 25 basis points in October, with further hikes anticipated in FY27 due to persistent inflation risks. This could push the benchmark rate to 5.75-6%, creating upward pressure on G-sec yields, according to a report by Union Bank of India.