RBI
RBI Hikes Repo Rate 25 Bps To 5.5%; CRR Daily Requirement Raised To 99%
12 October 2026 · www.ndtvprofit.com
The RBI raised the benchmark repo rate by 25 bps to 5.5% and shifted its monetary policy stance to 'calibrated tightening'. It also increased the daily CRR maintenance requirement from 90% to 99% of the prescribed 3% of NDTL.
Points to Remember
- Repo rate raised 25 bps to 5.5%; standing deposit facility rate at 5.25%.
- Marginal standing facility rate and Bank Rate raised to 5.75%.
- MPC stance changed to 'calibrated tightening' amid inflation and crude oil price pressures.
- Daily CRR requirement raised from 90% to 99%; banks must maintain 3% of NDTL as CRR.
- RBI projected retail inflation at 5.2% for the current financial year and raised FY27 real GDP growth forecast to 7.1%.
Why it matters
With the repo rate up, EMIs on repo-linked home and car loans will rise, so expect customer queries on higher repayments. Loans may also get costlier as banks pass on increased funding costs.
Back to Daily Updates