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RBI Governor Sanjay Malhotra Hikes Repo Rate by 0.25 Percent to 5.50 Percent
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CNBC Awaaz•07-10-2026, 10:05
RBI Governor Sanjay Malhotra Hikes Repo Rate by 0.25 Percent to 5.50 Percent
- •The Reserve Bank of India announced a repo rate hike of 0.25 percent, taking it to 5.50 percent.
- •RBI Governor Sanjay Malhotra made the crucial announcement following the three-day Monetary Policy Committee meeting.
- •The decision directly impacts loan interest rates, financial activities, and market sentiments.
- •The central bank also provided updated projections regarding inflation and economic growth.
Key Questions Answered
RBI Governor Sanjay Malhotra hiked the repo rate by 0.25 percent to reach 5.50% following the Monetary Policy Committee meeting on October 7, 2026.
The decisions resulting from the three-day Monetary Policy Committee meeting were announced by Governor Sanjay Malhotra at 10:00 AM on October 7, 2026.
The MPC's decisions and projections regarding inflation, economic growth, and interest rates significantly impact loans and overall financial activities.
