VERIFIEDET Policy·4 Sept 2026neutral

RBI may raise repo rate to 5.75-6% in H2 FY27, rate hike cycle likely from December: UBI

AI Summary

·Union Bank of India forecasts the RBI to increase the repo rate to 5.75-6% in the second half of FY27.
·The current repo rate stands at 5.25%.
·The rate hike cycle is anticipated to commence in December.