RBI to take rate cut down to 5.5 pc in FY26, CPI inflation to average 3.7 pc: HSBC

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The RBI has already embarked on a rate cutting cycle, and a report by HSBC Global Research said on Wednesday that it expects a 25bp rate cut in each of the June and August policy meetings, taking the repo rate down to 5.5 per cent this fiscal (FY26).

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RBI to take rate cut down to 5.5 pc in FY26, CPI inflation to average 3.7 pc: HSBC

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