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.

Der Reverse-Repo-Satz in Indien blieb im Juni unverändert bei 3,35 Prozent. Diese Seite bietet - Indiens Reverse-Repo-Satz - tatsächliche Werte, historische Daten, Prognosen, Diagramme, Statistiken, Wirtschaftskalender und Nachrichten.

India Repo Rate data was reported at 6.000 % pa in 18 May 2025. This stayed constant from the previous number of 6.000 % pa for 17 May 2025. India Repo Rate data is updated daily, averaging 6.250 % pa from Apr 2001 (Median) to 18 May 2025, with 8788 observations. The data reached an all-time high of 7.500 % pa in 01 Jun 2015 and a record low of 4.000 % pa in 03 May 2022. India Repo Rate data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Lending Rates – Table IN.MB001: Bank Interest Rate. [COVID-19-IMPACT]

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.

India Reverse Repo Rate: Monthly data was reported at 3.350 % pa in Apr 2025. This stayed constant from the previous number of 3.350 % pa for Mar 2025. India Reverse Repo Rate: Monthly data is updated monthly, averaging 5.750 % pa from Apr 2001 (Median) to Apr 2025, with 289 observations. The data reached an all-time high of 7.500 % pa in Mar 2012 and a record low of 3.250 % pa in Feb 2010. India Reverse Repo Rate: Monthly data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.HD001: Key Interest Rate.

This dataset provides the latest Repo Rate of India, as published by the Reserve Bank of India (RBI), along with historical repo rate trends.

Repo Rate in the United States remained unchanged at 5.37 on Tuesday April 9. This dataset provides - United States Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for India (IRSTCB01INQ156N) from Q1 1968 to Q4 2023 about overnight, India, interest rate, banks, interest, depository institutions, and rate.

Key information about India Policy Rate

• India cash rate (Policy Rate: Month End: Repo Rate) was set at 6.25 % pa in Feb 2025, compared with 6.50 % pa in the previous Jan 2025.
• India Policy Rate averaged 6.50 % pa and is updated monthly, available from Apr 2001 to Feb 2025.
• The data reached an all-time high of 9.00 % pa in Sep 2008 and a record low of 4.00 % pa in Apr 2022.

Related information about India Policy Rate

• In the latest reports, India Short Term Interest Rate: Month End: India: MIBOR: 3 Months was reported at 7.19 % pa in Jun 2023.
• Its Long Term Interest Rate (Government Securities Yield: 10 Years) was reported at 6.71 % pa in Jan 2025.
• India Exchange Rate against USD averaged 82.23 (USD/INR) in Jun 2023.
• Its Real Effective Exchange Rate was 115.21 in Jan 2025.

The dataset contains year- and month-wise compiled data on policy rates fixed by Reserve Bank of India (RBI) for various financial policy and securities. These include data relating to Policy Repo Rate, Reverse Repo Rate, Marginal Standing Facility (MSF) Rate, Bank Rate, Base Rate, MCLR (Overnight), Term Deposit Rate greater than Year, Savings Deposit Rate, Call Money Rate (Weighted Average), 91, 182, 654-Day Treasury Bill (Primary) Yield, 10-Year G-Sec Par Yield (FBIL), etc.

Notes:

1. Repo rate is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds
2. Reverse Repo rate is the rate at which the RBI borrows money from commercial banks in the event of any shortfall of funds
3. Standing Deposit Facility is an overnight deposit facility that allows banks to park excess liquidity (money) and earn interest
4. Marginal Standing Facility rate is the interest rate at which RBI provides money to the scheduled commercial banks who are facing acute shortage of liquidity
5. The call money rate is the benchmark interest rate that banks charge brokers who are borrowing the money to fund margin loans. The call money rate, also known as the broker loan rate, typically isn't available to individuals, instead, investors pay the call money rate plus a service fee on a margin account.
6. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenors, namely, 91 days, 182 days and 364 days.
7. Government Securities (G-sec_ yield is a method to evaluate the broader trend of interest rates in the economy
8. Marginal Cost of Funds-based Lending Rate (MCLR) is the minimum rate at which a bank can lend to its customers on certain loans

This dataset provides values for REPO RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

[COVID-19-IMPACT]


Related information about India Long Term Interest Rate

• 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.

In May 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 early 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 May 2025. In contrast, Russia maintained a high inflation rate of 9.9 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.

The statistic shows the inflation rate in India from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.

Key information about India Short Term Interest Rate

• India Short Term Interest Rate: Month End: India: MIBOR: 3 Months was reported at 7.14 % pa in May 2023, compared with 7.22 % pa in the previous month.
• India Short Term Interest Rate data is updated monthly, available from Sep 2015 to May 2023.
• The data reached an all-time high of 8.34 % pa in Feb 2016 and a record low of 3.66 % pa in Nov 2020.
• Short Term Interest Rate is reported by reported by CEIC Data.

CEIC calculates monthly Short Term Interest Rate from daily Mumbai Interbank Outright Rate. The Clearing Corporation of India Limited provides Mumbai Interbank Outright Rate.


Related information about India Short Term Interest Rate

• In the latest reports, India Government Securities Yield: 10 Years was reported at 7.34 % pa in Mar 2023.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 6.50 % pa in May 2023.
• India Exchange Rate against USD averaged 82.30 (USD/INR) in May 2023.

Key information about India Real Effective Exchange Rate

• India Real Effective Exchange Rate (REER: 2005=100: Month Avg: India) was 115.2 in Jan 2025, compared with the number of 117.7 in the previous month.
• India Real Effective Exchange Rate data is updated monthly and averaged 118.9 from Apr 2004 to Jan 2025.
• The data reached an all-time high of 118.9 in Nov 2024 and a record low of 94.8 in Apr 2009.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Reserve Bank of India provides Real Effective Exchange Rate Index with base April 2015-March 2016=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about India Real Effective Exchange Rate

• In the latest reports, India Short Term Interest Rate: Month End: India: MIBOR: 3 Months was reported at 7.2 % pa in Jun 2023.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 6.5 % pa in Jan 2025.
• India Exchange Rate against USD averaged 82.2 (USD/INR) in Jun 2023.

In financial year 2024, banks in India advanced over *** trillion Indian rupees in housing loans. This was an increase compared to the previous year. This reflected renewed homebuyer sentiment, as an increasing number of Indians were investing in buying residential property. Growth of home loans market Forty years ago, home loans were an alien concept. People would direct their provident fund savings and retirement benefits toward buying a home. However, three key institutions: HDFC, ICICI Ltd, and the State bank of India with their new lending concepts led to significant changes in the home loan market. Currently different commercial banks, NBFCs, and housing finance companies have flooded the mortgage market, and giving prospective home buyers from diverse strata of society with bargaining power and a chance at affording a home. Inflation and home loans   India is not untouched by global inflation. To address the problem, the Reserve Bank of India hiked the repo rate **** times since April 2022 to *** percent. Consequently, leading banks and housing finance companies raised their lending rates. For a prospective homebuyer, this meant a rise in tenure for home loans. In other words, equivalent monthly payments (EMIs)for homebuyers have lengthened and become more expensive. In financial year 2022, banks in India advanced around *** trillion Indian rupees in housing loans almost reaching pre-COVID levels.

Key information about India Exchange Rate against USD

• India Exchange Rate against USD averaged 82.298 (USD/INR) in May 2023, compared with 81.969 USD/INR in the previous month.
• India Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 82.600 in Feb 2023 and a record low of 4.762 in May 1966.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Exchange Rate against USD prior to January 1973 is sourced from the International Monetary Fund.


Key information about India Exchange Rate against USD

• In the latest reports, India Short Term Interest Rate: Month End: India: MIBOR: 3 Months was reported at 7.140 % pa in May 2023.
• Its Long Term Interest Rate (Government Securities Yield: 10 Years) was reported at 7.343 % pa in Mar 2023.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 6.500 % pa in May 2023.

The yield on India 10Y Bond Yield eased to 6.31% on July 11, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.04 points and is 0.68 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. India 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.