Axis Bank Bank expects repo rate to rise to 5.75% by end of this fiscal

Axis Bank Bank expects repo rate to rise to 5.75% by end of this fiscal

With inflation remaining at elevated levels, Reserve Bank of India (RBI) may gradually increase the benchmark lending rate to about 5.75 per cent by the end of this fiscal, Axis Bank chief economist Saugata Bhattacharya said on Thursday.