The three-day Monetary Policy Committee (MPC) meeting wrapped up today (Wednesday, August 5, 2026), and Reserve Bank of India (RBI) governor Sanjay Malhotra announced that the repo rate remains steady at 5.25%. This marks the fourth consecutive MPC where the RBI has opted to keep the rate unchanged, with the last adjustment being a 25 bps cut back in December 2025.
Adhil Shetty, CEO, BankBazaar, says by keeping the repo rate unchanged at 5.25%, the RBI has supported stability in deposit rates.