RBI repo rate hike 2026 has become a major financial development for Indian borrowers and savers. The Reserve Bank of India (RBI) raised the policy repo rate by 25 basis points to 5.50% on October 7, 2026, marking the first rate hike since February 2023. The RBI’s Monetary Policy Committee (MPC) also changed its policy stance from neutral to calibrated tightening. The decision comes as inflation risks have increased because of higher crude oil prices, food-price pressures, weather-related risks and global economic uncertainty. For households, the key question is what…
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