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RBI raises repo rate by 25 basis points to 5.50%
MULTIPLE REPORTS·Published ·Event date ·Main source · The Economic Times
Story essentials
Reserve Bank of India (RBI)
India
October 2026
Original reports
The Monetary Policy Committee of the Reserve Bank of India (RBI) increased the repo rate by 25 bps to 5.50%.
Governor Sanjay Malhotra cited rising inflation pressures and signaled that rate cuts are unlikely in the near term.
The Indian economy is projected to grow at 7.1% for the year, with inflation forecasted at 5.2%.
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