Story thread · 2 reports / 2 sources

RBI rate hikes ahead? BofA sees 100 bps repo rate increase through H1 2027

timesofindia.indiatimes.com · 4hShare

Bank of America Securities anticipates that the Reserve Bank of India will implement significant interest rate hikes by mid-2027. They have adjusted their forecast for the initial hike to October instead of December, predicting a cumulative increase of 100 basis points, resulting in a terminal rate of 6.25 percent. This expectation is bolstered by economic growth and inflation concerns, but any slowdown in the economy could impact the RBI's strategy.

First report: RBI expected to raise repo rate by 50 bps in FY27 — economictimes.indiatimes.com, 2d