What is the impact of 25 basis points repo rate hike on borrowers? | Explained
The Reserve Bank of India’s Monetary Policy Committee raised the repo rate by 25 basis points to 5.50% on October 7, 2026. This marks a shift from a previous rate cut cycle where rates were reduced by 125 basis points. Borrowers can expect higher loan costs as banks adjust their lending rates in response to this hike.