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When was the October MPC assembly held?
The October MPC assembly was held from September 29 to October 1, the place the six-member committee mentioned key points like rates of interest, inflation, and financial development. This was the fourth assembly of FY26, with two extra scheduled for December 3–5, 2025, and February 4–6, 2026.
How Have Charges Moved So Far?
This 12 months has seen some massive shifts in RBI’s repo price choices. In February 2025, the repo price was minimize by 25 bps, adopted by one other 25 bps minimize in April, bringing it down to six %. June noticed a sharper 50 bps minimize to five.5 %, whereas the August assembly saved charges regular at 5.5 % with a impartial stance. The repo price—the speed at which RBI lends to banks—straight impacts mortgage EMIs and deposit returns, which is why each MPC determination issues to each households and companies.
Markets Keep Quiet Earlier than RBI Verdict
On September 30, Indian inventory markets ended barely decrease as traders adopted a wait-and-watch method forward of the RBI’s October coverage determination. The Sensex slipped 100 factors (0.13 per cent) to shut at 80,263, whereas the Nifty50 dipped 25 factors (0.07 per cent) to settle at 24,610.
Why This Coverage Meet Is Essential
The RBI’s October assembly comes at a time when India’s financial system is at a turning level. GDP development surged to a five-quarter excessive of seven.8 per cent in Q1 FY26, in comparison with 6.5 per cent a 12 months in the past. The federal government has additionally rolled out a brand new two-slab GST system (5 per cent and 18 per cent) in late September, which is predicted to spice up consumption.
