VERIFIEDET Policy·6 Oct 2026neutral

RBI seen starting rate-hike cycle, repo could rise to 6% by FY27-end: Reports

AI Summary

·The Reserve Bank of India is expected to begin a rate-hike cycle to address inflation and support growth.
·Reports suggest a potential increase of 75 basis points in the repo rate, possibly reaching 6% by the end of FY27.
·ICICI Bank has revised its CPI inflation forecast upwards due to core inflation trends and global factors.