RBI Raises Repo Rate to 5.5% — First Hike in Nearly Four Years Amid Rising Inflation.
Mumbai, October 7, 2026: The Reserve Bank of India (RBI) on Wednesday raised its key policy repo rate by 25 basis points to 5.50%, marking the first interest rate hike in nearly four years. The decision was taken unanimously by the six-member Monetary Policy Committee (MPC) after its three-day meeting held from October 5 to
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