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RBI Interest Rate Decision (Repo Rate)
The Reserve Bank of India sets the policy repo rate. On Oct 7, 2026 it raised the rate by 25 basis points, to 5.50%. The next decision is on Friday, December 4, 2026 at 10:00 AM Mumbai.
Figures as of Nov 12, 2026, 8:19 AM UTC.
The last 12 RBI repo rate decisions
Newest first. The whole series since 2008, with a chart and a CSV, is on the RBI repo rate history page.
| Date | Decision | Repo rate | Expected | Previous | Change |
|---|---|---|---|---|---|
| Oct 7, 2026 | ▲ hike | 5.50% | 5.50% | 5.25% | +25 bp |
| Aug 5, 2026 | ■ hold | 5.25% | 5.25% | 5.25% | 0 bp |
| Jun 5, 2026 | ■ hold | 5.25% | 5.25% | 5.25% | 0 bp |
| Apr 8, 2026 | ■ hold | 5.25% | 5.25% | 5.25% | 0 bp |
| Feb 6, 2026 | ■ hold | 5.25% | 5.25% | 5.25% | 0 bp |
| Dec 5, 2025 | ▼ cut | 5.25% | 5.25% | 5.50% | −25 bp |
| Oct 1, 2025 | ■ hold | 5.50% | 5.50% | 5.50% | 0 bp |
| Aug 6, 2025 | ■ hold | 5.50% | 5.50% | 5.50% | 0 bp |
| Jun 6, 2025 | ▼ cut | 5.50% | 5.75% | 6.00% | −50 bp |
| Apr 9, 2025 | ▼ cut | 6.00% | 6.00% | 6.25% | −25 bp |
| Feb 7, 2025 | ▼ cut | 6.25% | 6.25% | 6.50% | −25 bp |
| Dec 6, 2024 | ■ hold | 6.50% | 6.50% | 6.50% | 0 bp |
Upcoming RBI decisions
As listed by the calendar. Times in Indian time (Mumbai); check the RBI’s own calendar.
| Date | Indian time | UTC | Expected |
|---|---|---|---|
| Friday, December 4, 2026 | 10:00 AM Mumbai | 4:30 AM UTC | Not yet |
| Friday, February 5, 2027 | 10:00 AM Mumbai | 4:30 AM UTC | Not yet |
| Wednesday, April 7, 2027 | 10:00 AM Mumbai | 4:30 AM UTC | Not yet |
| Friday, June 4, 2027 | 10:00 AM Mumbai | 4:30 AM UTC | Not yet |
| Friday, August 6, 2027 | 10:00 AM Mumbai | 4:30 AM UTC | Not yet |
| Wednesday, October 6, 2027 | 10:00 AM Mumbai | 4:30 AM UTC | Not yet |
| Wednesday, December 8, 2027 | 10:00 AM Mumbai | 4:30 AM UTC | Not yet |
No reaction chart for the RBI
For the ten other central banks this site shows what the currency did in the hours around each decision, measured on one-minute candles. The price source it uses, Dukascopy, has no USD/INR candles, and a chart drawn from other data would not be checked the same way, so the RBI has the decisions and nothing else. Compare the other banks on central bank rates today, and see basis points to percent for reading a move. The RBI’s own site is rbi.org.in.
RBI interest rate decision: questions
What is the RBI repo rate now?
5.50%, set on Wednesday, October 7, 2026.
When is the next RBI meeting?
Friday, December 4, 2026, with the decision at 10:00 AM Mumbai. After it the calendar lists Feb 5, 2027, Apr 7, 2027, Jun 4, 2027.
When did the RBI last change interest rates?
On Oct 7, 2026, a hike of 25 basis points, to 5.50%.
How often does the RBI decide on the repo rate?
The calendar lists 6 decisions in 2025: 0 hikes, 4 cuts and 2 holds. Check the schedule against the RBI’s own calendar.
Why is there no chart of how the rupee reacted?
Because the price source this site uses for every other bank, Dukascopy, has no USD/INR candles, and a chart here would have to be drawn from some other, unchecked data. This page keeps to the decisions themselves.
Where does this data come from?
FXStreet economic calendar, read automatically and never typed by hand, and refreshed with the rest of the site. Check any figure against the RBI’s own site.
Learn the read behind every projection.
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