A 50-75 bps rate-hike cycle won’t materially derail household consumption: Tanvee Gupta Jain of UBS

The Reserve Bank of India may raise interest rates by 50 to 75 basis points in the rest of fiscal year 2027. The increase aims to keep inflation expectations in check. The policy is expected to avoid a major slowdown in India’s consumer spending.

The Reserve Bank of India (RBI) could raise rates by 50-75 basis points (bps) cumulatively in the remainder of fiscal year 2027 (FY27), helping contain inflation expectations without materially derailing India’s consumption story, said Tanvee Gupta Jain, chief economist at UBS Securities India.

Summarised by Agaah from Mint Markets. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.