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RBI Governor Sanjay Malhotra. (File Photo)
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News18•07-10-2026, 09:37
RBI MPC Meeting Live: Governor Sanjay Malhotra To Announce Repo Rate Decision
  • •The Reserve Bank of India Monetary Policy Committee will announce its October 2026 policy decision today, October 7.
  • •RBI Governor Sanjay Malhotra is scheduled to announce the monetary policy decision at 10 am, with markets awaiting a potential rate hike.
  • •Most economists expect a 25 basis point hike to 5.50% due to rising inflation, crude oil prices, and pressure on the rupee.
  • •Governor Sanjay Malhotra will also address a post-policy press conference at 12 noon following the announcement.

Key Questions Answered

The Reserve Bank of India’s Monetary Policy Committee is holding its meeting from October 5 to October 7, 2026, with Governor Sanjay Malhotra scheduled to announce the policy decision at 10 am.

The RBI kept the benchmark repo rate unchanged at 5.25% in its previous four consecutive policy reviews, with the last rate hike occurring in February 2023.

Expectations of a rate hike are driven by rising inflation, elevated crude oil prices, global monetary tightening, and ongoing pressure on the Indian rupee.