
The RBI’s Monetary Policy Committee is meeting from October 5 to 7 to review economic conditions and determine monetary policy.
Economists expect a potential 25 basis point increase in the repo rate to 5.50% amid rising retail inflation at 4.82% in August.
Key deciding factors include food inflation, crude oil prices above $100 a barrel, rupee depreciation past 96, global bond yields, and banking system liquidity.