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RBI raises repo rate by 25 basis points; loan EMIs likely to rise
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News18•07-10-2026, 11:04
RBI raises repo rate by 25 basis points; loan EMIs likely to rise
- •The Reserve Bank has increased the repo rate by 25 basis points to 5.5 percent.
- •Home and personal loan EMIs are expected to increase following this decision.
- •The decision was taken unanimously in the MPC meeting led by RBI Governor Sanjay Malhotra.
- •Market experts anticipated the hike due to rising crude oil prices and global inflation.
Key Questions Answered
The Reserve Bank of India increased the repo rate by 25 basis points, raising it from 5.25 percent to 5.5 percent.
The decision to raise the repo rate was taken unanimously in the Monetary Policy Committee meeting under the leadership of Reserve Bank Governor Sanjay Malhotra.
Market experts anticipated the rate hike due to rising international crude oil prices, inflation concerns, and the depreciation of the rupee.
