RBI MPC October Meeting 2026 Live Updates: Goldman Sachs report said the August MPC minutes were materially more hawkish than the policy statement. Members acknowledged that food and fuel-driven inflation could generate second-round effects and indicated that broader, and more persistent price pressures would warrant policy action.

"We therefore bring forward our RBI forecast to 25 bps repo rate hikes in October and December 2026. The MPC may also shift its stance from 'neutral' to 'calibrated tightening' or 'withdrawal of accommodation'," it said.

RBI MPC October Meeting 2026 Live Updates: The last repo rate hike was in February 2023, when the Reserve Bank raised the rate by 0.25% to 6.50%. It kept the rate unchanged through 2023-24 before four rate cuts in 2025.

Currently, the RBI's policy repo rate stands at 5.25%.

RBI MPC October Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) is expected to hike short-term lending rate (repo), following four rate cuts totalling 125 basis points in 2025 and a prolonged pause thereafter.

RBI MPC October Meeting 2026 Live Updates: Reserve Bank Governor Sanjay Malhotra will announce the repo rate decision at 10 am on Wednesday after the conclusion of the three-day meeting of the Monetary Policy Committee (MPC).

RBI MPC October Meeting 2026 Live Updates: Reserve Bank of India Governor Sanjay Malhotra is all set to announce the bi-monthly monetary policy decision on Wednesday, October 7, 2026.