BusinessRBI Hikes Repo Rate by 25 Basis Points to 5.50%
The Reserve Bank of India raised the repo rate by 25 basis points to 5.50% on October 7, 2026, marking the start of a rate-hike cycle after nearly three and a half years. The Monetary Policy Committee projected real GDP growth for FY27 at 7.1% and CPI inflation at 5.2%. RBI Governor Sanjay Malhotra announced a shift to a 'calibrated tightening' policy stance to ensure price and financial stability.
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