Stories
RBI MPC Decision Today: Will Repo Rate Be Hiked? Check Time and Details
- •The three-day meeting of the RBI Monetary Policy Committee concludes today, with Governor Sanjay Malhotra announcing the decision at 10 AM.
- •Most analysts and brokerage firms like ICRA and Goldman Sachs estimate a possible repo rate hike of 25 basis points due to inflation and crude oil prices.
- •For the past four consecutive meetings, the RBI has kept the repo rate stable at 5.25 percent.
- •An increase in the repo rate will make bank borrowings expensive, potentially raising EMIs for home, car, and personal loans while increasing FD returns.
Key Questions Answered
The three-day meeting of the Reserve Bank of India's Monetary Policy Committee concludes on Wednesday, October 7, 2026, with RBI Governor Sanjay Malhotra announcing the new monetary policy at 10 AM, followed by a press conference in the afternoon.
Most analysts, along with estimates from ICRA, Goldman Sachs, and a Reuters survey of economists, anticipate that the RBI could hike the repo rate by 25 basis points due to inflation, high crude oil prices, and rupee weakness.
When the repo rate increases, banks face higher borrowing costs from the RBI and may pass this burden to customers, resulting in higher interest rates and EMIs on home, car, and personal loans. Additionally, banks may raise FD interest rates to increase deposits, offering investors higher returns.
