Organization
Reserve Bank of India
DevelopingFollow
01
Recent changes
- Reserve Bank of India raises repo rate by 25 basis points to 5.50%, first hike since 2023The Reserve Bank of India increased its benchmark repo rate by 25 basis points to 5.50% on Wednesday, marking the first rate hike since February 2023. The decision was made by the monetary policy committee to shift to a 'calibrated tightening' stance amid rising inflation, which reached 4.8% in August, above the RBI's 4% medium-term target.DevelopingEconomyMarkets2 sources · 20 evidence2026-10-07 13:00