BusinessRBI MPC Meeting on October 7: Possible Repo Rate Hike Impact
The Reserve Bank of India will announce its monetary policy decision on October 7, 2026, amid rising inflation and high crude oil prices. Most economists expect a 25-basis-point repo rate hike from 5.25% to 5.50%, the first since February 2023. This increase could affect home loan EMIs, personal loans, fixed deposit rates, bond yields, and the stock market. Inflation has exceeded RBI's 4% target for three months, driven by geopolitical tensions impacting crude prices.
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