RBI hikes repo rate by 25 bps to 5.50%

The Reserve Bank of India hiked the policy repo rate by 25 basis points to 5.50% from 5.25% on October 7, 2026. The MPC also decided to change the stance to calibrated tightening due to; The Monetary Policy Committee (MPC) of RBI met on 5th, 6th and 7th of this month to deliberate and decide…