What is the RBI repo rate in India right now?

History

The repo rate stayed at 5.25% at the February, April, June and August 2026 meetings and went to 5.50% on 7 October 2026. The standing deposit facility rate is 5.25% and the marginal standing facility rate and Bank Rate are 5.75%.

The figures side by side

How we got this number

1. Read the repo rate from the Resolution of the Monetary Policy Committee released by the RBI on 7 October 2026: the MPC voted to raise the policy repo rate by 25 basis points to 5.50%.
2. Read the earlier rate from the RBI's resolutions for February, April, June and August 2026, each of which kept the repo rate unchanged at 5.25%.
3. List the rate after each decision in time order, so a change shows up as a step. The rate changes only on an MPC decision day, so the latest resolution is the current rate.

What this number does not tell you

• The repo rate is the rate at which the RBI lends to banks. Banks decide their own loan and deposit rates, and they follow a repo change with a delay.
• The RBI decides about every two months. This page shows the rate after the 7 October 2026 decision; a later meeting will replace it.
• The 25 basis point rise is the change on 7 October 2026 only, not a forecast of what the MPC does next.

Sources

1. RBI, Resolution of the Monetary Policy Committee, October 5 to 7, 2026, Oct 07, 2026the MPC unanimously voted to increase the policy repo rate by 25 basis points to 5.50 per cent. The MPC also decided to change the stance to calibrated tightening. the standing deposit facility (SDF) rate stands adjusted at 5.25 per cent. the marginal standing facility (MSF) rate and the Bank Rate at 5.75 per cent. December 2 to 4, 2026
2. RBI, Resolution of the Monetary Policy Committee, August 3 to 5, 2026, Aug 05, 2026keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per cent
3. RBI, Resolution of the Monetary Policy Committee, June 3 to 5, 2026, Jun 05, 2026voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per cent.
4. RBI, Resolution of the Monetary Policy Committee, April 6 to 8, 2026, Apr 08, 2026keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per cent.
5. RBI, Minutes of the Monetary Policy Committee Meeting, February 4 to 6, 2026, Feb 20, 2026keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per cent

Questions people ask

What is the repo rate today?

5.50%, set by the Monetary Policy Committee on 7 October 2026 (RBI).

What was the repo rate before October 2026?

5.25%. The RBI left it unchanged at 5.25% at its February, April, June and August 2026 meetings.

When is the next RBI policy decision?

The next meeting of the Monetary Policy Committee is on December 2 to 4, 2026 (RBI).

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This figure is from RBI's own release or a report quoting it. We recheck it monthly (the RBI's MPC meets about every two months; recheck after each decision). If you have a newer or better source, send it to us.