The Union Bank expects a 25 basis point rate increase in October, followed by one or two additional hikes during the rest of FY27. The repo rate could consequently reach 5.75-6 percent accompanied by a hawkish policy stance signalling continued vigilance over inflation.
The Union Bank expects a 25 basis point rate increase in October, followed by one or two additional hikes during the rest of FY27. The repo rate could consequently reach 5.75-6 percent accompanied by a hawkish policy stance signalling continued vigilance over inflation.
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