Economy

RBI MPC speech: Weak monsoon, strong El Nino, Rabi season, global crude prices - What Governor Sanjay Malhotra conveyed

· 7 October 2026 · 2 min read
RBI MPC speech: Weak monsoon, strong El Nino, Rabi season, global crude prices - What Governor Sanjay Malhotra conveyed

Mint has reported a new India-focused economy development: “RBI MPC speech: Weak monsoon, strong El Nino, Rabi season, global crude prices - What Governor Sanjay Malhotra conveyed.” The publisher's feed describes the story as follows: Reserve Bank of India (RBI) Governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) had hiked the repo rate by 25 basis points to 5.5 per cent, marking the first increase in over three years, in a move to control rising inflation amid a continu

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