ConfirmedCentral banksRBI Repo Rate Hike . Calibrated Tightening . RBI MPC October 2026CriticalBy Kumar Singh0 views
RBI Turns Hawkish: First Repo Hike in 44 Months, Stance Shifts to Calibrated Tightening
The RBI's Monetary Policy Committee voted unanimously to raise the repo rate by 25 bps to 5.50%, its first hike since February 2023, and moved its stance from neutral to calibrated tightening. SDF now stands at 5.25%, MSF and Bank Rate at 5.75%. FY27 CPI forecast lifted to 5.2%, GDP to 7.1%.
Nictick #2026-0066292 characters
Nictick — educational context
Rates were cut 125 bps in 2025, then held at 5.25% for four meetings. Brent above $100 on Gulf supply risk and a rupee above 96 per dollar sharpened inflation risk. Malhotra signalled no near-term cuts, putting bond yields, rupee flows and rate-sensitive sectors in focus.