The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

RBI raises rates, upgrades FY27 growth forecast to 7.1%

The Reserve Bank of India lifted its policy rate after a four-year pause and lifted its GDP growth projection for the fiscal year.

Marcus Vance
Markets Reporter
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As of 2026-10-09 04:43 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The Reserve Bank of India raised its policy interest rate to combat inflation and upgraded its fiscal year 2027 real GDP growth forecast to 7.1% from 6.7%. [1]