RBI MPC Minutes: Guv Malhotra says rate cuts off the table as inflation pressures build
CNBC-TV18 2 hrs ago·21 Oct 2026, 1:21 pm
RBI Governor Sanjay Malhotra has clarified that the central bank will not cut interest rates in the near future. In the latest minutes from the Monetary Policy Committee (MPC) meeting, the Governor stated that the current high inflation levels make it difficult to lower borrowing costs. Consequently, the focus for upcoming policy decisions is now limited to either pausing or raising rates further.
This stance is significant for investors as it signals that the era of cheap money is over for now. Higher interest rates generally slow down economic activity, which can negatively impact stock market valuations. The divergence in opinions among MPC members regarding the pace of future hikes adds to the uncertainty, making it a key factor to monitor for market sentiment.
Excerpt from CNBC-TV18
Published On Oct 21, 2026 | 18:51 IST Last Updated On Oct 21, 2026 | 18:51 IST RBI MPC minutes reveal rate cuts are off the table due to rising inflation, leaving only hikes or a pause. With the repo rate at 5.5% and FY27 inflation forecast at 5.2%, members remain divided over whether to pursue pre-emptive tightening…Read the original at CNBC-TV18
Key takeaways
- Category: Economy.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
