The RBI may raise the policy repo rate by 50-75 basis points amid macroeconomic headwinds and geopolitical uncertainty, a Bandhan Life Insurance report said. It also flagged oil prices, global rates, AI-driven spending shifts and rupee pressure as key market concerns.
India’s economy grew 7.8 per cent in the April-June quarter of FY27, beating expectations and the RBI’s 7 per cent forecast. Despite geopolitical tensions and the Iran conflict, strong domestic activity helped sustain growth, keeping India the fastest-growing major economy