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RBI may raise repo rate to 5.75-6 pc in H2 FY27, rate hike cycle likely from December: UBI

The Reserve Bank of India (RBI) could raise the repo rate to 5.75-6 per cent in the second half of FY27 to contain excess banking liquidity and curb rising inflation aming strong economic growth, with Union Bank of India expecting the rate hike cycle to begin in December [...]