BI Rate

Bank Indonesia kept its BI-Rate at 5.75% on October 21, 2026, but raised its deposit facility rate to 5.00% and cut banks' reserve requirements to steady the rupiah.

RBI MPC minutes released October 21, 2026 show a unanimous vote to raise the repo rate to 5.50% but a 4-2 split on the tighter stance, with cuts unlikely soon.

Infosys and Truist said on October 19, 2026 that they will expand Truist's Hyderabad capability centre, with over 1,000 staff to be onboarded this month.

Bank credit rose 19.4% to about Rs 230 lakh crore by 30 September 2026, RBI data showed, lifted by FCNR deposits; the October rate hike is expected to slow growth.

PNB, Bank of Baroda and Indian Bank raised repo-linked lending rates by 25 bps from 8 October 2026, a day after the RBI lifted the repo rate to 5.50%.

SBI Research's October 9 report asks the RBI to weigh a 50 bps hike, a wider liquidity corridor and a six-month export earnings rule to defend the rupee.

Economists expect India's September 2026 retail inflation, due on Oct 12, at 5.4% to 5.6%, up from 4.82% in August, as food and energy costs rise.

The RBI raised the repo rate by 25 basis points to 5.50% on 7 October 2026, its first hike since February 2023, and moved to a calibrated tightening stance.

India's CPI inflation rose to 4.8% in August 2026 and core prices are firming, which matters for household budgets, business costs and investor returns.

The RBI raised the repo rate by 25 basis points on 7 October 2026 and shifted to a tightening stance, a move that affects borrowers, savers and investors.

New RBI rules on bulk fixed deposits of ₹3 crore and above take effect on 1 October 2026, and most ordinary savers will see no change in their FD returns.