May 21 (Reuters) - The Reserve Bank of India (RBI) is considering all its available options to stabilize the rupee, including an interest rate hike, Bloomberg News reported on Thursday, citing people familiar with the matter.

Top officials at the RBI, including Governor Sanjay Malhotra, have held a series of internal meetings to discuss the course of action after the plunge in the rupee, the report said.

(Reporting by Rhea Rose Abraham in Bengaluru; Editing by Christian Schmollinger)