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RBI may raise repo rate by 100 bps through H1 2027: BofA Securities

Bank of America Securities has revised its forecast for the Reserve Bank of Indias interest rate hikes. It now anticipates a total increase of 100 basis points by mid-2027. The first hike is expected during the monetary policy meeting in October. Economic growth remains strong, while inflation risks are increasing, prompting the RBI to adjust its monetary policy.

30 Sep 2026 10:53 am