Latest Updates on RBI MPC Meet June 2026

If we can sustain our growth rates, I think the inflow of risk capital is also likely to persist, says Neelkanth Mishra, India's executive director at the World Bank

The Reserve Bank of India (RBI) is likely to increase the repo rate by 0.25 per cent in the October monetary policy review due to mounting inflationary pressure amid the re-escalation of the West Asia crisis and also the rate hikes by global central banks, according to economists and bankers. If the RBI increases the rate in the upcoming policy, it would mark a reversal in the interest rate policy, which has witnessed rate cuts in 2025 and an extended pause thereafter, according to a PTI poll of 16 economists and bankers. The last repo rate hike was in February 2023, when the RBI raised the rate by 0.25 per cent to 6.50 per cent; it then kept the rate unchanged through 2023-24 before beginning its rate-cut cycle in 2025. Currently, the RBI's policy repo rate stands at 5.25 per cent. "Coordination with global central bank hikes, rising inflation risks and strong growth momentum provide policy space to hike," said Kanika Pasricha, chief economic advisor at Union Bank of India. Furthe

RBI's interest rate decision, TCS' earnings, crude oil prices and global bond yields will be important factors to determine stock market movement this week, analysts said. Macroeconomic data announcements and foreign investors' trading activity will also guide market trends, they added. "RBI's monetary policy meeting will be closely watched. The policy stance, inflation outlook and growth projections will provide important cues on the near-term trajectory of domestic interest rates and financial markets. "This week will also mark the beginning of the earnings season, with index heavyweight TCS and retail major DMart among the key companies scheduled to announce their results," Ajit Mishra, SVP Research, Religare Broking, said. On the data front, India's final HSBC Services PMI and Composite PMI readings for September are scheduled to be released on October 6, he said. TCS is slated to announce its September quarter earnings on October 8. "Crude oil remains the most immediate ...

We are still in the early stages of reaping the full benefits of FIT. It is, therefore, imperative to remain focused on the primary objective, he said

"By being anti-inflationary, monetary policy makes the biggest contribution to growth"

RBI's MPC will meet from October 5-7 to decide on interest rates; economists expect a 25-basis-point hike to 5.5 per cent as inflation rises and global central banks tighten policy

Beyond February 2027, Nomura expects the probability of further rate increases to diminish, citing the potential for a slowdown in consumption.

Experts said that the key point is not the size of the increase, but the change in direction, and expect the RBI to consider 50bps hikes in both the October and December policy meetings this year

Economists say the rate hike cycle could be shallow, with 50-75 bps hike in the current cycle

The selloff in bonds was amplified by a spike in crude prices that intensified inflation and rate hike fears for the world's third-largest oil importer

Today's opinion pieces examine the RBI's policy outlook, weaknesses in public examinations, state capacity, India's infrastructure financing gap and Omer Bartov's critique of Israel

Benchmark 10-year government bond yield rises 5 basis points to 6.87 per cent as markets increasingly price in the possibility of a rate hike at the next policy review

Regulator is standardising how loans are priced. Here's what it could mean for EMIs, transparency and future rate cuts.

Today's opinions examine the RBI's inflation dilemma, rising life insurance surrenders, India's employment crisis, possible UPI charges and the shift from food to nutrition security

RBI keeps the repo rate unchanged at 5.25%, raises FY27 growth forecast, trims inflation outlook and leaves the door open on future rate hikes amid global uncertainty

The proposed framework seeks to standardise loan pricing, benchmark reset dates and interest calculation practices while strengthening transparency and consumer protection

Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty signalled a gap-up open for the benchmark Nifty50 index. Markets in the Asia-Pacific region were trading higher

We broadly concur with the MPC's growth forecasts for FY2027, notwithstanding some differences in the quarterly projections, Nayar said.

The RBI said its FCNR(B) deposit scheme will continue as planned after attracting billions in NRI deposits. It is also preparing to introduce polymer banknotes by early FY28

The RBI is more likely to use temporary liquidity absorption tools than tighten its policy stance or rates ahead, while system liquidity should improve as government spending accelerates.