RBI MPC Meeting Live Updates: Rate Hike on Cards? Governor Sanjay Malhotra's Big Policy Decision Today

RBI MPC Meeting Live Updates: The Reserve Bank of India's Monetary Policy Committee wraps up its three-day October meeting today, and the Governor Sanjay Malhotra will announce the decision at 10 AM.

The repo rate currently stands at 5.25% after the central bank held rates unchanged in June and August, and the stance remains neutral.
All eyes are on whether the MPC continues its pause, and on how the RBI revises its inflation and growth projections, with headline inflation expected to peak in the October-December quarter.

Whether the committee holds firm, shifts its stance, or surprises with a hike, the decision will be a big determinant for loan EMIs, deposit rates and the markets heading into the festive season.

RBI MPC August Decision Recap

In its August meeting, the MPC voted unanimously to hold the repo rate at 5.25%, with the SDF rate at 5.00% and the MSF rate and Bank Rate at 5.50%.

It projected GDP growth of 6.7% and CPI inflation of 5.0% for 2026-27, with Q3 inflation at 5.9%.

LIVE Feed

Oct 07, 2026, 7:57 am IST

Sensex, Nifty Set for Muted Open as Gift Nifty Slips Ahead of RBI Policy

Dalal Street may have a subdued start today as the RBI announces its policy decision. Weak signals from global markets are impacting Gift Nifty which is pointing to a lower opening for the Sensex and Nifty 50 today. At around 7:50 AM IIt was trading around 22,687, roughly 112 points or 0.49% below the previous close of Nifty futures, which hints that the benchmarks may open in the red.

Oct 07, 2026, 7:53 am IST

Rate Hike May Be a Chance to Lock In FD and Bond Rates

“With inflation moving higher in recent months and pressures becoming more broad-based, the October MPC meeting will be closely watched. A 25 bps point increase in the repo rate is increasingly being expected, which would take the rate from 5.25% to 5.50%. For investors, a potential rate hike could create an opportunity to lock in relatively attractive rates across fixed income products such as FDs and bonds. However, investment decisions should not be driven only by expectations around the next rate move. ” said Saurabh Jain, Co-founder & CEO, Stable Money.

Oct 07, 2026, 7:49 am IST

Five Things to Watch in Today's RBI Policy

First, whether the repo rate stays at 5.25% or moves in either direction. Second, whether the vote is unanimous or split. Third, any change in the neutral stance. Fourth, the revised inflation path for Q3 and Q4, since that decides the outlook for December. Fifth, any liquidity or regulatory announcements in the Statement on Developmental and Regulatory Policies.

Oct 07, 2026, 6:53 am IST

What Are The Current Policy Rates?

As of the last update from RBI, the repo rate stands at 5.25%, the SDF rate at 5.00%, and the MSF rate and Bank Rate at 5.50%. These rates are the result of a 125 bps cumulative easing cycle that began in February 2025, after which the RBI went into a pause mode

Oct 07, 2026, 6:50 am IST

RBI’s August Policy Recap

The RBI's Monetary Policy Committee voted unanimously in August to keep the repo rate unchanged at 5.25% and stayed with its neutral stance. It was the fourth straight review where the central bank chose to hold. Governor Sanjay Malhotra said the committee wanted more clarity on the inflation outlook before making a move.

Oct 07, 2026, 6:43 am IST

RBI MPC Meeting Live Updates: Countdown to RBI's Big Rate Call Begins

Good morning, everyone, and welcome to GoodReturns' live coverage of the RBI Monetary Policy Committee's October decision. Governor Sanjay Malhotra will announce the outcome at 10 AM, and we will find out whether the RBI will raise the repo rate or keep it unchanged at 5.25%. Stay with us for every update on the rate decision, stance, GDP and inflation forecasts, and much more