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India RBI monetary policy 2026

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FIRST ENTRY OCT 07
OCT 07 · Day 1

India's central bank hikes rates for first time since 2023

The RBI raised India's economic growth estimate to 7.1%.

HSBC and Goldman Sachs expect the RBI to raise interest rates in December.

The Reserve Bank of India raised interest rates for the first time since 2023.

“Given the current conditions, rate cuts are off the table in the near term, and policy action ahead can only be a rate hike or a pause,”
SANJAY MALHOTRA verbatim
Quote copied with attribution