RBI MPC October 2026: Sanjay Malhotra & co may raise interest rates to 5.50% as inflation broadens, poll finds

Economic experts predict that the Reserve Bank of India will increase interest rates at its upcoming meeting. This anticipated rate hike is largely due to rising inflation, which has exceeded the RBI's targets consistently. As central banks globally address inflationary pressures, India is under similar pressures regarding its currency. Nearly 60% of surveyed economists expect this action will occur in October.