Reserve Bank of India raises repo rate by 25 basis points
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The Reserve Bank of India’s Monetary Policy Committee has raised the policy repo rate by 25 basis points to 5.50 per cent, citing the re-escalation of the West Asia crisis and high financial market volatility.
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Announced by RBI Governor Sanjay Malhotra on Wednesday, the rate hike marks the first increase in the benchmark interest rate since February 2023.
The six-member panel concluded its three-day deliberations following meetings held from October 5 to 7.
Published 8 October 2026 8:00 PM
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