Highlights of RBI governor's statement after MPC meeting
This story was originally published at 10:07 IST on 7 October 2026
Register to read our real-time news.Informist, Wednesday, Oct. 7, 2026
MUMBAI - Following are the highlights of Reserve Bank of India Governor Sanjay Malhotra's statement Wednesday after the fourth bi-monthly meeting of the Monetary Policy Committee for 2026-27 (Apr-Mar):
* MPC voted to hike repo rate by 25 bps to 5.50%
* MPC voted unanimously to hike repo rate
* SDF rate adjusted to 5.25%
* MSF, Bank rate adjusted to 5.75%
* MPC changed policy stance to 'calibrated tightening'
* 4 MPC members in favour of calibrated tightening' stance
* 2 MPC members not in favour of calibrated tightening' stance
* Rise in crude heightened global fincl mkt volatility
* Re-escalation of West Asia conflict soured global econ sentiment
* Global inflation to increase sharply
* Lingering trade uncertainty keeping global sentiment nervous
* Hardening policy, war posing downside risks to global econ
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