Report
RBI repo rate forecast to rise 100 basis points by mid-2027
The Economic Times reports that BofA Securities revised its rate forecast and now expects the Reserve Bank of India’s first hike at an October 2026 policy meeting.
TLDR
The Economic Times reports that BofA Securities now forecasts a total 100-basis-point increase in the RBI’s repo rate by mid-2027, beginning with a hike expected in October 2026. The report cites strong economic growth and increasing inflation risks.
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