RBI may hike repo rate to 6% by FY27-end: Report
A Union Bank of India report says RBI may raise repo rate by 25 bps in October, with 1-2 more hikes possible in FY27, pushing it to 5.75-6%. Persistent inflation, high crude oil prices, and rising global bond yields are key drivers. The 10-year G-Sec yield may also face upward pressure.
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