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, 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 until 2025. 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.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for India (IRSTCB01INM156N) from Jan 1968 to Dec 2023 about overnight, India, interest rate, banks, depository institutions, interest, and rate.

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

India Foreign Exchange Rate: RBI: Interbank: US Dollars: Low data was reported at 72.665 INR/USD in 28 Sep 2018. This records a decrease from the previous number of 72.775 INR/USD for 27 Sep 2018. India Foreign Exchange Rate: RBI: Interbank: US Dollars: Low data is updated daily, averaging 47.998 INR/USD from Aug 2000 (Median) to 28 Sep 2018, with 4259 observations. The data reached an all-time high of 72.985 INR/USD in 18 Sep 2018 and a record low of 39.280 INR/USD in 15 Jan 2008. India Foreign Exchange Rate: RBI: Interbank: US Dollars: Low 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.MC002: Foreign Exchange Rate: Reserve Bank of India: Interbank.

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

Key information about India Long Term Interest Rate

• India Government Securities Yield: 10 Years was reported at 6.63 % pa in Oct 2025, compared with 6.64 % pa in the previous month.
• India Long Term Interest Rate data is updated monthly, available from May 1996 to Oct 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 6.12 % pa in Oct 2025.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 5.50 % pa in Nov 2025.
• India Exchange Rate against USD averaged 88.37 (USD/INR) in Oct 2025.

RBI Operations: Marginal Standing Facility: Rate data was reported at 5.750 % pa in 02 Dec 2025. This stayed constant from the previous number of 5.750 % pa for 01 Dec 2025. RBI Operations: Marginal Standing Facility: Rate data is updated daily, averaging 4.250 % pa from May 2011 (Median) to 02 Dec 2025, with 5322 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. 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]

Repo Rate data was reported at 5.500 % pa in 02 Dec 2025. This stayed constant from the previous number of 5.500 % pa for 01 Dec 2025. Repo Rate data is updated daily, averaging 4.000 % pa from Apr 2001 (Median) to 02 Dec 2025, with 8986 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. 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]

In September 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 September 2025, Russia maintained the highest interest rate at 17 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 -0.3 percent in September 2025. In contrast, Russia maintained a high inflation rate of 8 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.

Monthly and long-term India Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

The 'RBI Interest Rate Decision' is a monetary policy event where the Reserve Bank of India (RBI) announces changes to the benchmark interest rate, primarily the repo rate, which influences borrowing costs in the economy.-2025-02-06

The 'RBI Interest Rate Decision' is a monetary policy event where the Reserve Bank of India (RBI) announces changes to the benchmark interest rate, primarily the repo rate, which influences borrowing costs in the economy.

The Reserve Bank of India (RBI) is the central banking institution of India, responsible for the issuance and supply of the Indian Rupee and the regulation of the money market. In the context of data and information, RBI plays a pivotal role by regularly publishing a plethora of economic indicators, reports, and research. This includes data on interest rates, inflation, foreign exchange reserves, banking statistics, monetary and credit policies, and more. Researchers, policymakers, investors, and the general public rely on the RBI's data for insights into the health and direction of the Indian economy. Additionally, its publications often serve as authoritative sources for financial analysis, economic forecasting, and policy formulation in India.

India Foreign Exchange Rate: RBI: Reference Rate: Monthly Average: US Dollars data was reported at 71.854 INR/USD in Nov 2018. This records a decrease from the previous number of 73.632 INR/USD for Oct 2018. India Foreign Exchange Rate: RBI: Reference Rate: Monthly Average: US Dollars data is updated monthly, averaging 46.278 INR/USD from Apr 1995 (Median) to Nov 2018, with 284 observations. The data reached an all-time high of 73.632 INR/USD in Oct 2018 and a record low of 31.379 INR/USD in Jul 1995. India Foreign Exchange Rate: RBI: Reference Rate: Monthly Average: US Dollars 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.MC001: Foreign Exchange Rate: Reserve Bank of India.

The 'RBI Interest Rate Decision' is a monetary policy event where the Reserve Bank of India (RBI) announces changes to the benchmark interest rate, primarily the repo rate, which influences borrowing costs in the economy.-2025-09-30

The 'RBI Interest Rate Decision' is a monetary policy event where the Reserve Bank of India (RBI) announces changes to the benchmark interest rate, primarily the repo rate, which influences borrowing costs in the economy.-2024-06-06

India Interest Rate: Share of Outstanding Floating Rate Rupee Loans: Public Sector Banks: Base Rate data was reported at 2.218 % in Sep 2024. This records a decrease from the previous number of 2.421 % for Jun 2024. India Interest Rate: Share of Outstanding Floating Rate Rupee Loans: Public Sector Banks: Base Rate data is updated quarterly, averaging 6.117 % from Sep 2019 (Median) to Sep 2024, with 21 observations. The data reached an all-time high of 14.381 % in Sep 2019 and a record low of 2.218 % in Sep 2024. India Interest Rate: Share of Outstanding Floating Rate Rupee Loans: Public Sector Banks: Base Rate 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.MB002: Bank Interest Rate: Share of Outstanding Floating Rate Rupee Loans.

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

The 'RBI Interest Rate Decision' is a monetary policy event where the Reserve Bank of India (RBI) announces changes to the benchmark interest rate, primarily the repo rate, which influences borrowing costs in the economy.-2024-02-07