RBI Maintains Repo Rate at 6.5% in October 2026 Policy Review
2026-10-02Background: The Reserve Bank of India (RBI) periodically reviews its monetary policy to balance economic growth and inflation. Current Context: In the October 2026 Monetary Policy Committee (MPC) meeting, the RBI decided to keep the repo rate unchanged at 6.5%. This decision reflects the central bank's cautious approach toward persistent food inflation and global economic uncertainties. Impact: This stability ensures that lending rates for home and auto loans remain steady, providing predictability for borrowers and businesses while aiming to anchor inflation expectations within the target band.
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RBI's Bi-Monthly Monetary Policy Review for October 2026
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