RBI raises repo rate by 25bps to 5.5%
The Reserve Bank of India (RBI) has raised its benchmark repo rate, the rate at which it lends to commercial banks, by 25 basis points to 5.50%.
October 07, 2026 (MLN): The Reserve Bank of India (RBI) has raised its benchmark repo rate, the rate at which it lends to commercial banks, by 25 basis points to 5.50%. The six-member Monetary Policy Committee backed the hike unanimously, bringing the central bank in line with several global peers that have tightened policy to contain inflation or support their currencies. The Indian central bank had held rates stea...