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RBI MPC Meeting Tomorrow: Interest Rate Hike Expected, Your EMI May Rise.
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News18•04-10-2026, 12:04
RBI MPC Meeting Tomorrow: Interest Rate Hike Expected, Your EMI May Rise.
- •The Reserve Bank of India's Monetary Policy Committee (RBI MPC Meeting) meeting is scheduled to begin tomorrow, October 5.
- •Economists believe that the central bank may increase interest rates in this meeting.
- •According to Bank of America (BofA), a 25 basis points hike in the repo rate is possible in October due to rising energy prices, food inflation, and broad-based inflationary pressures.
- •SBI Research has also stated in its report that a 25-bps hike in the repo rate is possible at this time.
- •CPI inflation rose to 4.82 percent in August, up from 4.45 percent in July.
Key Questions Answered
According to the Bank of America and SBI Research, rising energy prices, food inflation, broad-based inflationary pressures, worsening global conditions, and geopolitical tensions make a 25 basis points repo rate hike possible to act proactively rather than lagging behind.
Consumer Price Index (CPI) inflation rose to 4.82 percent in August, which is an increase from the 4.45 percent recorded in July.
If the Reserve Bank of India increases interest rates during the monetary policy committee meeting, home and car loan Equated Monthly Installments (EMIs) will go up.
