RBI likely to raise repo rate to 5.75-6% in H2 FY27, hikes expected from December: UBI

Union Bank of India has forecast that the RBI will raise the repo rate to between 5.75% and 6% in the second half of FY27, up from the current level of 5.25%. The rate-hike cycle is expected to begin in December, according to the bank's outlook.

The projection suggests the central bank may undertake multiple increases over the latter part of the fiscal year to address prevailing economic conditions.