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The Siasat Daily

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RBI hikes repo rate by 25 basis points to 5.5 pc

Mumbai: After nearly three-and-half years, the Reserve Bank of India on Wednesday, October 7, raised key benchmark policy rate by 25 basis points to 5.5 per cent in a bid to tame rising inflation amid continuing West Asia crisis. With the rate hike, home loans, vehicle loans and corporate loans would become expensive and EMI Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

7 Oct 2026 10:55 am