India Interest Rate

countryImageIND
2000-2025 Data
  • Actual: -
  • Previous: -
  • Consensus: -
  • Impact:

Overview

The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% during its October 2025 meeting, in line with market expectations. The decision comes amid easing inflation, as the central bank assesses the impact of earlier rate cuts and recent tax reductions, against a backdrop of global trade uncertainties. The repo rate remains at its lowest level since August 2022, following a cumulative 100 basis point reduction since the beginning of the year. On the economic outlook, the RBI raised its GDP growth forecast for FY2025/26 to 6.8%, up from a previous estimate of 6.5%, with Q2 at 7.0%, Q3 at 6.4%, and Q4 at 6.2%. Meanwhile, headline inflation projections were revised down to 2.6% from 3.1%, keeping it well within the central bank’s 2%–6% target range. Core inflation was reported at 4.2%. The RBI also held the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates steady at 5.25% and 5.75%, respectively.

Stats

No Stats Data
ActualPreviousHighestLowestDatesUnitFrequency
5.505.5014.542000-2025percentDaily-

Historical data

DateTimeReferenceLastPreviousConsensus
Oct 01, 202510:00RBI Interest Rate Decision 5.5% 5.5% 5.5%
Aug 06, 202510:00RBI Interest Rate Decision 5.5% 5.5% 5.5%
Jun 06, 202510:00RBI Interest Rate Decision 5.5% 6% 5.75%
Apr 09, 202510:00RBI Interest Rate Decision 6% 6.25% 6%
Feb 07, 202510:00RBI Interest Rate Decision 6.25% 6.5% 6.25%
Dec 06, 202410:00RBI Interest Rate Decision 6.5% 6.5% 6.5%
Oct 09, 202410:00RBI Interest Rate Decision 6.5% 6.5% 6.5%
Aug 08, 202410:00RBI Interest Rate Decision 6.5% 6.5% 6.5%
Jun 07, 202410:00RBI Interest Rate Decision 6.5% 6.5% 6.5%
Apr 05, 202410:00RBI Interest Rate Decision 6.5% 6.5% 6.5%

Major Indicators

  • GDP Annual Growth Rate
  • Interest Rate
  • Inflation Rate
  • Unemployment Rate
  • Government Debt to GDP
  • Current Account to GDP
  • Current Account
  • Manufacturing Production
  • Manufacturing PMI
  • Services PMI
  • Exports
  • Imports
  • Consumer Confidence
  • Foreign Direct Investment
  • Balance of Trade
  • Government Budget
  • Business Confidence

GDP

  • GDP Annual Growth Rate
  • Full Year GDP Growth
  • GDP from Mining
  • GDP per Capita
  • Gross Fixed Capital Formation
  • GDP per Capita PPP
  • GDP
  • GDP Constant Prices
  • GDP from Manufacturing
  • GDP Growth Rate
  • GDP from Agriculture
  • GDP from Construction
  • Gross National Product
  • GDP from Public Administration
  • GDP from Utilities

Labour

  • Unemployment Rate
  • Retirement Age Women
  • Labor Force Participation Rate
  • Minimum Wages
  • Population
  • Retirement Age Men
  • Employment Rate

Government

  • Corruption Rank
  • Government Spending to GDP
  • Fiscal Expenditure
  • Government Debt to GDP
  • Corruption Index
  • Government Budget
  • Government Spending
  • Government Budget Value
  • Government Revenues
  • Military Expenditure

Prices

  • Producer Price Inflation MoM
  • Consumer Price Index CPI
  • CPI Transportation
  • Inflation Rate
  • WPI Food Index YoY
  • WPI Food YoY
  • Producer Prices
  • Import Prices
  • Food Inflation
  • GDP Deflator
  • WPI Fuel YoY
  • Export Prices
  • Inflation Expectations
  • CPI Housing Utilities
  • WPI Manufacturing YoY
  • Producer Prices Change
  • Inflation Rate Mom

Money

  • Loan Growth
  • Central Bank Balance Sheet
  • Cash Reserve Ratio
  • Interest Rate
  • Interbank Rate
  • Reverse Repo Rate
  • Money Supply M2
  • Foreign Exchange Reserves
  • Money Supply M3
  • Money Supply M1

Trade

  • Current Account to GDP
  • Crude Oil Production
  • Foreign Direct Investment
  • Terrorism Index
  • Auto Exports
  • Capital Flows
  • Imports
  • Exports
  • Balance of Trade
  • Tourist Arrivals
  • Weapons Sales
  • Gold Reserves
  • Terms of Trade
  • Current Account
  • Remittances
  • External Debt

Business

  • Manufacturing PMI
  • Total Vehicle Sales
  • Industrial Production Mom
  • Business Confidence
  • Capacity Utilization
  • Manufacturing Production
  • Corruption Index
  • Steel Production
  • Car Registrations
  • Composite Leading Indicator
  • Corruption Rank
  • Industrial Production
  • Changes in Inventories
  • Composite PMI
  • Deposit Growth
  • Car Production
  • Electricity Production
  • Services PMI
  • Mining Production

Housing

  • Residential Property Prices
  • Housing Index
  • Construction Output

Taxes

  • Social Security Rate
  • Corporate Tax Rate
  • Withholding Tax Rate
  • Social Security Rate For Companies
  • Personal Income Tax Rate
  • Sales Tax Rate
  • Social Security Rate For Employees

Consumer

  • Consumer Confidence
  • Bank Lending Rate
  • Gasoline Prices
  • Households Debt to GDP
  • Disposable Personal Income
  • Consumer Spending

Climate

  • Precipitation
  • Temperature

Health

  • Coronavirus Deaths
  • Hospital Beds
  • Coronavirus Vaccination Rate
  • Coronavirus Vaccination Total
  • Coronavirus Cases