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Why did RBI hike repo rate?

short by Ankit Tiwari / on Wednesday, 7 October, 2026
RBI hiked repo rate by 25 bps for first time in nearly four years. RBI said Indian economy remains strong despite geopolitical challenges. However, it flagged concerns over inflation, saying it's no longer as benign as last year. Headline CPI inflation is projected to average nearly 5.8% over next three quarters, while core inflation is estimated at 4.4% this year.
read more at Hindustan Times