RBI MPC raises repo rate to 5.50%
RBI’s Monetary Policy Committee raised the policy repo rate to 5.50% and made a split change to the monetary policy stance.
New Delhi, Oct. 7 -- On Wednesday, 7 October 2026, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) did what everyone expected it to. And more. 50%.
And in a split decision (4: 2), changed the stance from the earlier 'neutral' to…