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VERIFIEDET Policy·neutral

RBI repo rate may climb to 6% in FY27; G-Sec yields face upward pressure: Report

AI Summary
  • ·A Union Bank of India report suggests the RBI repo rate may reach 5.75-6% in FY27.
  • ·The report anticipates a 25 basis point repo rate hike in October.
  • ·One or two additional repo rate increases are possible in FY27.
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