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RBI repo rate hike on or off? S&P sees 5.5%, Fitch projects 5.75% in 2027

The prospect of an RBI repo rate hike has returned to focus as S&P Global Ratings and Fitch Ratings flag rising inflationary pressures, strong domestic demand and geopolitical risks. While S&P expects the policy rate to rise to 5.5%, Fitch sees a further hike to 5.75% in early 2027.

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