RBI MPC Meeting: The Reserve Bank of India (RBI) has maintained the repo rate at 5.25 percent. This means that home, car, and personal loans will remain unchanged for now, nor will their EMIs change. Governor Sanjay Malhotra announced these decisions today (Wednesday, August 5, 2026), following a three-day meeting of the RBI’s Monetary Policy Committee (MPC).
He said that in view of the ongoing fluctuations in the international market and the inflationary pressure arising from it, no change has been made in the interest rates at present.
5 major decisions of the meeting
- However, there will be no immediate change in EMIs. As per the RBI’s decision, the repo rate has been maintained at 5.25 percent. Therefore, those with home or car loans linked to the repo rate will not experience any immediate changes in their EMIs or interest rates.
- Banks are unlikely to make any immediate changes to home, car, and personal loan interest rates. New loans are expected to be available at the current rates.
- Additionally, fixed deposit (FD) interest rates are also expected to remain unchanged due to the stable repo rate. However, individual banks make final decisions based on their specific needs.
- The RBI’s decision to keep the repo rate unchanged doesn’t mean banks won’t change their interest rates at all. Banks may make some adjustments based on their funding costs, deposit levels, and market conditions.
- The Reserve Bank held its second meeting of the new financial year in June, keeping the repo rate at 5.25%. This was the third of six meetings scheduled for this financial year. For your information, the first meeting was held in April.