HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressures

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HSBC expects the Reserve Bank of India to raise its repo rate by 50 basis points in fiscal 2027. The forecast reflects stronger-than-expected economic growth and persistent inflationary pressure.

New Delhi: India’s GDP growth in the second quarter of FY2026-27 came in significantly above the Reserve Bank of India’s (RBI) 7 per cent forecast,...