{
  "id": 12557429,
  "title": "RBI policy rate hike to immediately pinch retail customers",
  "url": "https://urgent.news/2026/10/07/rbi-policy-rate-hike-to-immediately-pinch-retail-customers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T05:31:20.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/policy/rbi-policy-rate-hike-to-immediately-pinch-retail-customers/articleshow/134756980.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The RBI has raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, which could make floating-rate home, car and personal loans more expensive. Borrowers on repo-linked loans may face higher EMIs or longer tenures at their next reset, while fixed-rate loans will remain unaffected.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Indian Express",
        "title": "RBI Monetary Policy Meeting October 2026 LIVE: Will Governor Sanjay Malhotra hike interest rate after 4 pauses?",
        "url": "https://urgent.news/2026/10/07/rbi-monetary-policy-meeting-october-2026-live-will-governor-sanjay",
        "published": "2026-10-07T02:23:09.000Z"
      },
      {
        "outlet": "The Economic Times - Economy",
        "title": "RBI Repo Rate 2026: Why RBI MPC lifted repo rates for the first time in nearly four years in October policy",
        "url": "https://urgent.news/2026/10/07/rbi-repo-rate-2026-why-rbi-mpc-lifted-repo-rates-for-the-first-time",
        "published": "2026-10-07T04:33:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}