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Reserve Bank plans to raise repo rate
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News18•06-10-2026, 11:00
Reserve Bank plans to raise repo rate
- •Economic experts predict that the Reserve Bank of India may hike interest rates this week as the Monetary Policy Committee meeting commences.
- •Factors such as rising inflation threats, depreciation of the Indian rupee, and surging crude oil prices in the international market drive this expectation.
- •Chief economists from State Bank of India, Axis Capital, and Emkay Global predict a possible repo rate hike of up to 0.25 percent this week.
- •Experts also forecast that overall interest rates could rise by up to 0.50 percent by the end of this year.
- •Meanwhile, experts from HDFC Bank and Oxford Economics suggest that interest rates will remain unchanged for now, with a hike expected only in December.
Key Questions Answered
Economic experts predict a repo rate hike due to rising inflation threats in India, the depreciation of the Indian rupee against the US dollar down to 97, and increasing crude oil prices in the international market.
Chief economists from institutions like SBI, Axis Capital, and Emkay Global predict a repo rate increase of up to 0.25% this week, with overall interest rates potentially rising by up to 0.50% by the end of the year.
No, experts from HDFC Bank and Oxford Economics predict no change in interest rates for now, believing any announcement regarding a hike will likely come during the December meeting instead.
