RBI MPC Meeting Focuses on Repo Rate and Inflation Guidance

The RBI Monetary Policy Committee met to decide on key lending rates amid shifting global central bank policies and rising inflationary pressures.

Nine of ten economists surveyed by Mint anticipated a 25 basis point hike in the repo rate to 5.50% on October 7.

Governor Sanjay Malhotra began his speech at 10:00 AM, with a press conference scheduled for 12:00 noon to share national economic guidance.