RBI lifts repo rate 25 bps to 5.5% in first hike
In short
The RBI raised the repo rate by 25 basis points to 5.5% at its October 2026 meeting. The update says this was the first rate hike in three years.
This can make borrowing more expensive for businesses and households. The reporting does not say how markets reacted or what else the RBI may do next.
What the reporting says
The RBI MPC raised the repo rate by 25 basis points to 5.5% at its October 2026 policy meeting, according to a live update citing Governor Sanjay Malhotra. The move is described as the first rate hike in three years. The immediate consequence is tighter borrowing costs, while the available reporting does not state the broader market reaction or the exact policy rationale.
Why it matters
The Reserve Bank of India increased the repo rate to 5.5% in its October 2026 policy decision, with Governor Sanjay Malhotra announcing the move. The report calls it the first rate hike in three years. That matters for borrowers, lenders and Indian markets because policy rates feed into loan pricing and funding costs, but the available summary does not give details on inflation, growth or asset moves.