9 Apr 2026
RBI raises repo rate by 25 bps to 6.75%
Banking
UPSC
Economy
RBI
Summary
In a surprise move, the RBI Monetary Policy Committee voted 5-1 to raise the repo rate by 25 basis points to 6.75%, citing sticky core inflation and supply-side risks.
Why it matters
IBPS PO Banking Awareness, UPSC Economy. Memorize current repo, reverse repo, MSF rates.