The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In the first half of 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0.1 percent in June 2025. In contrast, Russia maintained a high inflation rate of 9.4 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

From January 2022 to July 2024, a global trend emerged as almost all advanced and emerging economies increased their central bank policy rates. This widespread tightening of monetary policy was in response to inflationary pressures and economic challenges. However, a shift occurred in the latter half of 2024, with most countries beginning to lower their rates, signaling a new phase in the global economic cycle and monetary policy approach. Since September 2023, ****** has consistently held the highest interest rate among the observed countries.

Key information about India Long Term Interest Rate

• India Government Securities Yield: 10 Years was reported at 6.71 % pa in Jan 2025, compared with 6.78 % pa in the previous month.
• India Long Term Interest Rate data is updated monthly, available from May 1996 to Jan 2025.
• The data reached an all-time high of 13.96 % pa in May 1996 and a record low of 5.11 % pa in Oct 2003.
• Long Term Interest Rate is reported by reported by Reserve Bank of India.

• In the latest reports, India Short Term Interest Rate: Month End: India: MIBOR: 3 Months was reported at 7.19 % pa in Jun 2023.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 6.50 % pa in Jan 2025.
• India Exchange Rate against USD averaged 82.23 (USD/INR) in Jun 2023.

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2023, the repo rate set by Reserve Bank of India stood at *** percent. In May 2022, the repo rate was *** percent, after which it spiked continuously. The repo rate is defined as the rate at which the central bank of a country, in this case the Reserve Bank of India (RBI), lends money to commercial banks in case of lack of funds.

In the year 2022, lending interest rate in India stood at *** percent. This was a slight reduction from last year's rate of *** percent. Lending rate refers to the bank rate that generally caters to the short- and medium- term financing needs of the private sector.

India Treasury Bills: Auction: 364 Days: Price: Implicit Yield at Cut Off data was reported at 5.842 % pa in 14 May 2025. This records a decrease from the previous number of 5.880 % pa for 07 May 2025. India Treasury Bills: Auction: 364 Days: Price: Implicit Yield at Cut Off data is updated daily, averaging 6.879 % pa from Apr 1996 (Median) to 14 May 2025, with 951 observations. The data reached an all-time high of 13.122 % pa in 10 Apr 1996 and a record low of 3.390 % pa in 08 Jul 2020. India Treasury Bills: Auction: 364 Days: Price: Implicit Yield at Cut Off data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Government & Other Securities – Table IN.ZE005: Treasury Bills: Auction: 364 Days.

India Treasury Bills: Auction: 91 Days: Price: Implicit Yield at Cut Off data was reported at 5.839 % pa in 14 May 2025. This records a decrease from the previous number of 5.879 % pa for 07 May 2025. India Treasury Bills: Auction: 91 Days: Price: Implicit Yield at Cut Off data is updated daily, averaging 6.803 % pa from Mar 1995 (Median) to 14 May 2025, with 1563 observations. The data reached an all-time high of 12.967 % pa in 04 Apr 1996 and a record low of 2.929 % pa in 25 Nov 2020. India Treasury Bills: Auction: 91 Days: Price: Implicit Yield at Cut Off data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Government & Other Securities – Table IN.ZE003: Treasury Bills: Auction: 91 Days.

The Indian home mortgage finance market is experiencing robust growth, fueled by a burgeoning middle class, increasing urbanization, and supportive government policies aimed at affordable housing. With a Compound Annual Growth Rate (CAGR) exceeding 7% from 2019-2033, the market presents significant opportunities for investors and lenders. The market is segmented by source (banks and Housing Finance Companies or HFCs), interest rate type (fixed and floating), and loan tenure (ranging from less than 5 years to over 25 years). While banks hold a substantial market share, HFCs are playing an increasingly important role, particularly in catering to specific segments and underserved populations. The demand for longer-tenure loans is also growing, reflecting evolving consumer preferences and affordability considerations. Key drivers include government initiatives promoting homeownership, reduced interest rates during certain periods, and the ongoing expansion of the organized financial sector. However, challenges remain, including economic fluctuations, credit risk assessment, and potential regulatory changes that may impact lending practices. The competitive landscape involves both large established players like HDFC, LIC Housing Finance, and Indiabulls Housing Finance, as well as smaller, more niche players catering to specific geographic regions or customer demographics. The market's continued expansion is largely contingent upon sustained economic growth and the continued accessibility of credit. The forecast for the Indian home mortgage finance market indicates strong growth through 2033, driven by favorable demographics and sustained infrastructure development. The ongoing development of the digital lending space offers further opportunities for innovation and market penetration, streamlining processes and reaching a wider range of borrowers. Effective risk management strategies will be crucial for lenders navigating the evolving market dynamics. Government policies aimed at improving financial inclusion and affordable housing remain crucial for long-term growth. Analyzing market segments, such as the rising popularity of fixed-rate mortgages against the inherent volatility of floating-rate mortgages, offers valuable insight into changing consumer behavior and lender strategies. The strategic focus on various tenure options (5 years, 6-10 years, 11-24 years, 25-30 years) showcases the diverse needs and financial planning horizons of Indian homebuyers. Overall, the Indian home mortgage market is poised for considerable expansion, provided economic conditions remain stable and government support continues. Recent developments include: November 2022: Tata Capital Housing Finance, a Tata Capital subsidiary, intends to push into the home loan market significantly. To do so, it is looking for the capital of INR 3,000 crore from the National Housing Bank and intends to raise INR 1,000 crore through bonds. Both retail and real estate developers are expected to be eligible for financing from the organization., October 2022: Private sector lender HDFC Bank will complete its planned merger with Housing Development Finance Corp. Ltd by the first quarter of FY24 instead of the original target of the third quarter.. Notable trends are: Availability of Affordable Housing in India is Driving the Market Growth.

In financial year 2021, the effective interest rate on home loans was a little over ***** percent on average. This was a slight increase compared to the previous year, when the interest rate stood at *** percent. This increase happened after years of decreasing interest rates.

The reasons for this decline over the last decade are the general decrease in the nominal interest rate as well as the introduction of governmental subsidy programs such as the Credit Linked Subsidy Scheme (CLSS). In general, home loans in 2020 were more affordable than in 2000.

******************* was the leading Indian public sector bank based on market capitalization, with over ************** Indian rupees as of May 2025. Bank of Baroda followed, with PNB ranking third that year. State Bank of India The Reserve Bank of India acquired the majority of shares from the Imperial Bank of India in 1955 which led to the formation of State Bank of India. Currently, the Indian multinational public sector bank is one of the most valuable brands in the country. However, despite its large customer base, higher deposits, and net profit, the market capitalization of the SBI was much lower than of the leading private sector banks that year. This could be because of a reduced consistency and predictability in the performance of the bank from an investor point of view. SBI’s green finance initiative State Bank of India seemed to have taken various initiatives in an effort to reduce its environmental impact on the planet. The bank supports the Indian government in recent years to provide funds to viable renewable energy projects. Through the introduction of the digital banking application, YONO, and digitization of registers, the use of paper was reduced by a large fraction. The bank’s decreased interest rate and a longer-term for Green Car loans give a boost to the clean mobility movement.

Bank Lending Rate in India remained unchanged at 9.77 percent in July. This dataset provides - India Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of July 18, 2025, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United Kingdom had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

Cash Reserve Ratio in India remained unchanged at 4 percent on Thursday July 31. This dataset provides the latest reported value for - India Cash Reserve Ratio - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in India decreased to 2.10 percent in June from 2.82 percent in May of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India RBI Operations: Liquidity Adjustment Facility: Variable Rate: Repo: Fine Tuning Operation data was reported at 51,980.000 INR mn in 15 May 2025. This records a decrease from the previous number of 53,410.000 INR mn for 14 May 2025. India RBI Operations: Liquidity Adjustment Facility: Variable Rate: Repo: Fine Tuning Operation data is updated daily, averaging 500,030.000 INR mn from Mar 2020 (Median) to 15 May 2025, with 147 observations. The data reached an all-time high of 2,356,190.000 INR mn in 13 Feb 2025 and a record low of 5,000.000 INR mn in 26 Mar 2021. India RBI Operations: Liquidity Adjustment Facility: Variable Rate: Repo: Fine Tuning Operation data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Monetary – Table IN.KAD002: Reserve Bank of India Operations.

India Treasury Bills: Auction: 91 Days: Price: Cut Off data was reported at 98.565 INR in 14 May 2025. This records an increase from the previous number of 98.555 INR for 07 May 2025. India Treasury Bills: Auction: 91 Days: Price: Cut Off data is updated daily, averaging 98.334 INR from Mar 1995 (Median) to 14 May 2025, with 1566 observations. The data reached an all-time high of 99.275 INR in 25 Nov 2020 and a record low of 96.860 INR in 04 Apr 1996. India Treasury Bills: Auction: 91 Days: Price: Cut Off data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Government & Other Securities – Table IN.ZE003: Treasury Bills: Auction: 91 Days.

India All States: Revenue Expenditure: Non Development: Interest of Debt: Appropriation for Reduction or Avoidance of Debt data was reported at 361,688.300 INR mn in 2019. This records an increase from the previous number of 209,201.500 INR mn for 2018. India All States: Revenue Expenditure: Non Development: Interest of Debt: Appropriation for Reduction or Avoidance of Debt data is updated yearly, averaging 46,178.200 INR mn from Mar 1991 (Median) to 2019, with 29 observations. The data reached an all-time high of 361,688.300 INR mn in 2019 and a record low of 5,342.400 INR mn in 1992. India All States: Revenue Expenditure: Non Development: Interest of Debt: Appropriation for Reduction or Avoidance of Debt data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FG001: Revenue Expenditure: All States.

Gujarat: Revenue Expenditure: Non Development: Interest of Debt: Appropriation for Reduction or Avoidance of Debt data was reported at 20,000.000 INR mn in 2025. This stayed constant from the previous number of 20,000.000 INR mn for 2024. Gujarat: Revenue Expenditure: Non Development: Interest of Debt: Appropriation for Reduction or Avoidance of Debt data is updated yearly, averaging 6,800.000 INR mn from Mar 2004 (Median) to 2025, with 14 observations. The data reached an all-time high of 20,000.000 INR mn in 2025 and a record low of 700.000 INR mn in 2004. Gujarat: Revenue Expenditure: Non Development: Interest of Debt: Appropriation for Reduction or Avoidance of Debt data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FH008: State Finances: Revenue Expenditure: Gujarat.