RBI monetary policy

Current repo rate

5.50%

Effective 7 October 2026, increased from 5.25%.

↑ 0.25% Loans linked to the repo rate get costlier

Read the RBI statement

Banks and NBFCs price most floating-rate home and business loans off the repo rate, so a change usually reaches your EMI within a few months. Ask your lender how and when it applies to your loan.

Talk to an advisor

Repo rate timeline

Effective dateRepo rateChange
7 October 2026Current5.50%↑ 0.25%
5 December 20255.25%↓ 0.25%
6 June 20255.50%↓ 0.50%
9 April 20256.00%↓ 0.25%
7 February 20256.25%↓ 0.25%
1 January 20256.50%—

Source: Reserve Bank of India, Monetary Policy Committee statements. This table updates when the RBI announces a new decision.