The benchmark interest rate in India was last recorded at 5.25 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India Repo Rate data was reported at 5.250 % pa in 02 Mar 2026. This stayed constant from the previous number of 5.250 % pa for 01 Mar 2026. India Repo Rate data is updated daily, averaging 4.000 % pa from Apr 2001 (Median) to 02 Mar 2026, with 9076 observations. The data reached an all-time high of 6.750 % pa in 04 Apr 2016 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.MB: Bank Interest Rate. [COVID-19-IMPACT]

India’s central bank policy rate by January 2026 reached around **** percent. These cuts reflected a gradual shift toward monetary easing as inflationary pressures moderated. The 2025 reductions followed a period of sharp tightening between April 2022 and February 2023, when the policy rate was raised significantly from *** percent to *** percent in response to elevated inflation.

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

Historical data of Reserve Bank of India policy rates and reserve ratios

India Bank Rate data was reported at 5.500 % pa in 27 Mar 2026. This stayed constant from the previous number of 5.500 % pa for 26 Mar 2026. India Bank Rate data is updated daily, averaging 4.250 % pa from Jul 1935 (Median) to 27 Mar 2026, with 33139 observations. The data reached an all-time high of 7.750 % pa in 04 Apr 2016 and a record low of 4.250 % pa in 03 May 2022. India Bank 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.MB: Bank Interest Rate. [COVID-19-IMPACT]

Overview with Chart & Report: The RBI Interest Rate Decision is made by the Bank's Monetary Policy Committee six times a year. The basic rate, or repo, is the interest rate at which the RBI issues short-term loans to Indian

India Reverse Repo Rate: Monthly data was reported at 3.350 % pa in Feb 2026. This stayed constant from the previous number of 3.350 % pa for Jan 2026. India Reverse Repo Rate: Monthly data is updated monthly, averaging 6.500 % pa from Apr 2001 (Median) to Feb 2026, with 299 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.MB: Bank Interest Rate.

In January 2026, 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 2025. In January 2026, Russia maintained the highest interest rate at ** percent, while Japan retained the lowest at **** percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. Sweden had the lowest inflation rate at *** percent in October 2023. In contrast, Russia maintained a high inflation rate of *** percent. These figures align with broader trends observed in late 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 **** percent in September 2019 to *** 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 2024 and 2025.

Key information about India Long Term Interest Rate

• India Government Securities Yield: 10 Years was reported at 6.78 % pa in Jan 2026, compared with 6.66 % pa in the previous month.
• India Long Term Interest Rate data is updated monthly, available from May 1996 to Jan 2026.
• 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 6.12 % pa in Oct 2025.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 5.25 % pa in Jan 2026.
• India Exchange Rate against USD averaged 88.37 (USD/INR) in Oct 2025.

Key information about India Policy Rate

• India cash rate (Policy Rate: Month End: Repo Rate) was set at 5.25 % pa in Feb 2026, compared with 5.25 % pa in the previous Jan 2026.
• India Policy Rate averaged 7.50 % pa and is updated monthly, available from Apr 2001 to Feb 2026.
• 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 6.12 % pa in Oct 2025.
• Its Long Term Interest Rate (Government Securities Yield: 10 Years) was reported at 6.78 % pa in Jan 2026.
• India Exchange Rate against USD averaged 88.37 (USD/INR) in Oct 2025.
• Its Real Effective Exchange Rate was 104.15 in Jan 2026.

Overview with Chart & Report: The RBI Reverse Repo Rate Decision concerns the interest rate on reverse borrowing, at which the RBI borrows money from commercial banks. The RBI may use this tool when too much money accumulates in

India RBI Operations: Marginal Standing Facility: Rate data was reported at 5.500 % pa in 27 Mar 2026. This stayed constant from the previous number of 5.500 % pa for 26 Mar 2026. India RBI Operations: Marginal Standing Facility: Rate data is updated daily, averaging 4.250 % pa from May 2011 (Median) to 27 Mar 2026, with 5437 observations. The data reached an all-time high of 7.750 % pa in 04 Apr 2016 and a record low of 4.250 % pa in 03 May 2022. India RBI Operations: Marginal Standing Facility: Rate data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Monetary – Table IN.MB: Bank Interest Rate. [COVID-19-IMPACT]

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 Feb 2026 about India, long-term, 10-year, bonds, yield, interest rate, interest, and rate.

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 Statutory Liquidity Ratio data was reported at 18.000 % in 04 Jan 2026. This stayed constant from the previous number of 18.000 % for 03 Jan 2026. India Statutory Liquidity Ratio data is updated daily, averaging 18.000 % from Mar 1949 (Median) to 04 Jan 2026, with 28054 observations. The data reached an all-time high of 21.500 % in 04 Apr 2016 and a record low of 18.000 % in 04 Jan 2026. India Statutory Liquidity Ratio data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB: Bank Interest Rate. [COVID-19-IMPACT]

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.

India Cash Reserve Ratio data was reported at 3.000 % in 27 Feb 2026. This stayed constant from the previous number of 3.000 % for 26 Feb 2026. India Cash Reserve Ratio data is updated daily, averaging 3.000 % from Sep 1962 (Median) to 27 Feb 2026, with 23176 observations. The data reached an all-time high of 4.500 % in 13 Dec 2024 and a record low of 3.000 % in 27 Feb 2026. India Cash Reserve Ratio data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Monetary – Table IN.MB: Bank Interest Rate. [COVID-19-IMPACT]

Cash Reserve Ratio in India remained unchanged at 3 percent in February. 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.

The yield on India 10Y Bond Yield rose to 6.93% on March 27, 2026, marking a 0.07 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.25 points and is 0.35 points higher 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 March of 2026.