New Delhi, Oct. 4 -- The Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will meet from October 5 to 7 to review economic conditions and determine the next course of monetary policy. The MPC's decision is scheduled to be announced on October 7, with investors closely tracking the possibility of a repo rate hike-the first such increase since February 2023.

The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% for the last four consecutive policy meetings, after cutting it by a cumulative 125 basis points in 2025. However, rising inflation, higher energy prices and rate hikes by several major global central banks have strengthened expectations that the RBI may shift towards a tighter monetary ...