Finance

RBI MPC Meeting: Escalating Iran-Israel Tensions May Drive Future FD Rate Hikes

Escalating Iran-Israel Tensions May Drive Future FD Rate Hikes

Meghna Parashar
April 7, 2026

As the RBI MPC meeting begins, escalating Middle East tensions and rising crude oil prices fuel inflation fears. While analysts expect a status quo, persistent geopolitical instability may soon force the central bank to hike repo rates and bank FD interest.