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News18•07-10-2026, 08:36
RBI MPC Meeting: Key decisions on repo rate and monetary policy expected today
  • •The three-day meeting of the Reserve Bank of India Monetary Policy Committee concludes today, October 7.
  • •RBI Governor Sanjay Malhotra will announce the new monetary policy decisions at 10 am today.
  • •Analysts expect a repo rate hike of 25 basis points due to inflation, crude oil prices, and a weakening rupee.
  • •An increase in the repo rate could raise interest rates and EMIs on home, car, and personal loans.
  • •Banks may also increase Fixed Deposit interest rates to boost deposits, benefiting investors and savers.