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Policy▼ Bearish for Indian equities
RBI MPC meet: Why your borrowing costs may go up from October
The brief
- RBI may raise the repo rate by 25 bps from October
- High oil prices and a weak monsoon may push up inflation through food prices
- Higher rates and inflation could pressure Indian banks, real estate and other rate-sensitive sectors
- Monsoon rainfall in 2026 fourth-lowest since 2001, says IMD
- 2026 monsoon ends with nearly 13% rain deficit, worst since 2015: IMD
- PM crop insurance enrolment rises as weather risks mount, Bengal rejoins scheme
- India’s monsoon ends 12.6% below normal, weakest since 2015
- India monsoon ends with 13% deficit; 15 states receive below normal rains
Forecasts for RBI rate hikes
Analysts and economists increasingly expect the RBI to end its rate-cut cycle and raise rates amid broadening inflation and strong growth. Forecasts range from 50 basis points of hikes by December to 100 basis points through H1 2027, while markets are pricing 125 basis points over a year.
Wednesday, 30 September
- RBI MPC meet: Why your borrowing costs may go up from October