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RBI MPC Hikes Repo Rate by 25 bps, Changes Policy Stance to 'Calibrated Tightening'

The RBI's Monetary Policy Committee (MPC) raised the repo rate by 25 bps to 5.50% at its October 2026 meeting and changed its policy stance to 'calibrated tightening'. A less benign inflation outlook, with broadening inflation and elevated inflation expectations, prompted the MPC to act. The MPC statement notes that the stance change...

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