RBI seen starting rate-hike cycle, repo could rise to 6% by FY27-end: Reports
The Economic Times has reported a new India-focused economy development: “RBI seen starting rate-hike cycle, repo could rise to 6% by FY27-end: Reports.” The publisher's feed describes the story as follows: The Reserve Bank of India is likely to increase the repo rate to combat rising inflation and support stronger growth. Reports indicate that a rate-hike cycle of 75 basis points is anticipated, potentially reaching 6 percent by FY27. While inflation drives this tightening, geopolitical factor
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