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.

India IN: Short-Term Interest Rate: Double Hit Scenario data was reported at 4.000 % in Dec 2020. This stayed constant from the previous number of 4.000 % for Sep 2020. India IN: Short-Term Interest Rate: Double Hit Scenario data is updated quarterly, averaging 6.750 % from Jun 2001 (Median) to Dec 2020, with 79 observations. The data reached an all-time high of 9.000 % in Sep 2008 and a record low of 4.000 % in Dec 2020. India IN: Short-Term Interest Rate: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Interest Rate: Forecast: Non OECD Member: Quarterly. IRS - Short-term interest rate Short-term interest:https://stats.oecd.org/glossary/detail.asp?ID=1394

In financial year 2021, the effective interest rate on home loans was a little over three percent on average. This was a slight increase compared to the previous year, when the interest rate stood at 2.9 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.

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.

• 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.

Long-term interest rate in India, May, 2025 The most recent value is 6.27 percent as of May 2025, a decline compared to the previous value of 6.46 percent. Historically, the average for India from December 2011 to May 2025 is 7.32 percent. The minimum of 5.81 percent was recorded in July 2020, while the maximum of 8.99 percent was reached in April 2014. | TheGlobalEconomy.com

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.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for India (INDIR3TIB01STM) from Dec 2011 to Apr 2025 about interbank, India, 3-month, yield, interest rate, interest, and rate.

India IN: Short-Term Interest Rate: Single Hit Scenario data was reported at 4.000 % in Dec 2020. This stayed constant from the previous number of 4.000 % for Sep 2020. India IN: Short-Term Interest Rate: Single Hit Scenario data is updated quarterly, averaging 6.750 % from Jun 2001 (Median) to Dec 2020, with 79 observations. The data reached an all-time high of 9.000 % in Sep 2008 and a record low of 4.000 % in Dec 2020. India IN: Short-Term Interest Rate: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Interest Rate: Forecast: Non OECD Member: Quarterly. IRS - Short-term interest rate Short-term interest:https://stats.oecd.org/glossary/detail.asp?ID=1394

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for India (INDIRLTLT01STM) from Dec 2011 to Apr 2025 about long-term, India, 10-year, bonds, yield, interest rate, interest, and rate.

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 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.

India IN: Long-Term Interest Rate: Government Bonds: Double Hit Scenario data was reported at 5.700 % in Dec 2020. This records a decrease from the previous number of 5.800 % for Sep 2020. India IN: Long-Term Interest Rate: Government Bonds: Double Hit Scenario data is updated quarterly, averaging 7.801 % from Dec 1996 (Median) to Dec 2020, with 97 observations. The data reached an all-time high of 13.695 % in Dec 1996 and a record low of 5.128 % in Dec 2003. India IN: Long-Term Interest Rate: Government Bonds: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Interest Rate: Forecast: Non OECD Member: Quarterly. IRL - Long-term interest rate on government bonds

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 IN: Long-Term Interest Rate: Government Bonds: Single Hit Scenario data was reported at 5.700 % in Dec 2020. This records a decrease from the previous number of 5.800 % for Sep 2020. India IN: Long-Term Interest Rate: Government Bonds: Single Hit Scenario data is updated quarterly, averaging 7.801 % from Dec 1996 (Median) to Dec 2020, with 97 observations. The data reached an all-time high of 13.695 % in Dec 1996 and a record low of 5.128 % in Dec 2003. India IN: Long-Term Interest Rate: Government Bonds: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Interest Rate: Forecast: Non OECD Member: Quarterly. IRL - Long-term interest rate on government bonds

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 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.

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]

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.

• 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 yield on India 10Y Bond Yield rose to 6.30% on July 18, 2025, marking a 0 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.06 points and is 0.66 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.

Snapshot img { margin: 10px !important; } Overview of the preschool or child care market in India

Market research analysts at Technavio have predicted that the preschool or child care market in India will grow impressively during the forecast period and will also post a CAGR of almost 22% by 2020. Technavio’s preschool industry analysis has identified that the low regulatory requirements in the country to start a preschool or child care center is one of the primary growth factors for the growing number of preschools in India. The rise in competition among students to secure admissions in privileged schools will induce parents to focus on providing education to their children from early childhood days. This will result in the rise in a number of student enrollments in preschools. Moreover, the requirements such as license and infrastructure are not regulated, and there is no federal authority in the country that oversees preschools or child care centers, eventually leading to the significant growth of childcare market size. Also, the requirement of very low investments, low-interest rates from banks, and the ability to expand geographically using franchise structures are other major factors that induce vendors to enter the market.

The market has a huge potential for growth, and this will attract several international schools and kindergartens to get into the market. This, in turn, will lead to a significant change in the educational curriculum. Since the international curriculum helps children to experience various activities and eventually helps them in building the character, there will be a rise in the interest of parents in the blended learning of both the Western and Indian educational system. This will induce new and regional vendors to adopt the international preschool lesson plans.

Competitive landscape and key vendors

The preschool market is characterized by the presence of diversified international and regional child care service providers. The international players constantly increase their footprint in the market, and regional vendors are finding it difficult to compete with them especially, in terms of on quality, ambiance, and pricing. The expected increase in service extensions, technological innovations, and M&As are likely to intensify the competitive environment in this market. In the next four years, the international players will also grow inorganically by acquiring regional or local players. Since all vendors compete to gain a greater share of the market, this industry appears to be highly competitive. To survive the competition and gain a significant share of the market, the vendors have to distinguish their product and service offerings through a clear and unique value proposition.

The leading vendors in the market are -

EuroKids
Kidzee
Modern Montessori International
Tree House

The other prominent vendors in the market are Shemrock, Mother’s Pride, Apple Kids, Kangaroo Kids, Globe Tot’ers, Smartkidz, and Little Elly.

Segmentation by cities and analysis of the preschool or child care market in India

Tier 1 cities
Tier 2 and Tier 3 cities

During 2015, the Tier 1 cities segment accounted for about 65% of the total share of the market and dominated this industry. The recent increase in the number of working women population and the rise in disposable income are the major factors that will fuel the growth of the preschool education market in Tier 1 cities. Also, the increase in competition for securing admissions in premium schools will compel parents to enroll their children in preschools or child care centers, leading to the rapid growth of preschool industry in India.

Segmentation by ownership and analysis of the preschool or child care market in India

Organized preschools
Unorganized preschools

According to this market study, the unorganized preschools segment dominated the industry during 2015 accounting for a total market share of about 67%. The lack of proper regulations for the establishment of preschools and no defined curriculum to be followed by institutions are major factors that lead to the growth in the number of unorganized preschools. Though government measures to regulate the early childhood care and education (ECCE) activities will decrease the share of unorganized preschools and child care centers, this segment will continue to dominate the preschools and child care industry in the next four years as well.

Key questions answered in the report include

What will the market size and the growth rate be in 2020?
What are the key factors driving the preschool or child care market in India?
What are the key market trends impacting the growth of the preschool or child care market in India?
What are the challenges to market growth?
Who are the key vendors in the preschool or child care market in India?
What are the market opportunities and threats faced by the vendors in the preschool o