RBI Repo Rate Hike May Increase EMIs on Home Loans - News Next Live
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The Reserve Bank of India's Monetary Policy Committee (MPC) met on October 7, 2026. At the end of the meeting, the repo rate was increased by 25 basis points. This took the repo rate for loans granted by the RBI to 5.50 percent. The announcement was made after a meeting that lasted for about three days. Following this, the country's
The country's central bank has increased the repo rate for the first time in almost four years.
RBI Repo Rate Hike May Increase EMIs on Home Loans - News Next Live
The Reserve Bank of India (RBI) has increased the repo rate by 25 basis points to 5.50% following its monetary policy review meeting on October 2026. RBI Repo Rate Hike May Increase EMIs on Home Loans. Following the RBI’s decision, several major public sector banks in India have raised their Repo-Linked Lending Rates (RLLR), potentially …
After the Reserve Bank of India raised the repo rate to 5.50 percent, major banks have increased lending rates. With banks including SBI and PNB revising the rates, the interest cost of home loans and other items will increase.| banks raise repo linked lending rates after rbi hike home loans to get costlier
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