India interbank rate


India interbank rate closed down 7.26 as of August 20, 2024 from 7.25 from the previous day, 6.75 last week and 6.51 last month.

India interbank rate Analytics & Data





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India interbank rate Historical Data

Date Close
2024-08-20 7.26
2024-08-19 7.25
2024-05-21 7.3
2024-04-01 7.3
2024-03-01 6.75
2024-02-01 6.75
2024-01-01 6.75
2023-12-01 6.75
2023-11-01 6.75
2023-10-01 6.75
2023-09-01 6.75
2023-08-01 6.75
2023-07-01 6.75
2023-06-01 6.75
2023-05-01 6.75
2023-04-01 6.75
2023-03-01 6.75
2023-02-01 6.69
2023-01-01 6.5
2022-12-01 6.43
2022-11-20 6.51
2022-11-04 6.51
2022-10-29 6.45
2022-08-11 6.51
2022-05-04 5.62
2022-04-29 4.62
2021-09-03 4.25
2021-08-27 3.3
2021-08-20 3.33
2021-07-30 3.39
2021-07-23 3.42
2021-07-16 3.43
2021-07-02 3.44
2021-06-18 3.47
2021-06-11 3.4
2021-06-04 3.41
2021-05-28 3.4
2021-05-21 3.38
2021-05-14 3.37
2021-05-07 3.33
2021-04-30 3.32
2021-04-23 3.34
2021-04-16 3.35
2021-02-26 3.17
2021-02-25 3.18
2021-02-24 3.18
2021-02-23 3.18
2021-02-22 3.18
2021-02-19 3.18
2021-02-18 3.33
2021-02-17 3.33
2021-02-16 3.33
2021-02-15 3.33
2021-02-12 3.33
2021-02-11 3.37
2021-02-10 3.37
2021-02-09 3.37
2021-02-08 3.37
2021-02-05 3.37
2021-02-04 3.35

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India interbank rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
India interbank rate in.interbankrate 0 0 0 0

India interbank rate Quantitative Analysis, Charts & Factors

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India interbank rate Historical Data

The MacroVar database offers free access to historical data for the India interbank rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of India interbank rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India interbank rate

The India interbank rate is the interest rate at which banks lend to each other in the Indian financial system. This rate is crucial for determining the overall liquidity in the banking sector and plays a key role in influencing other interest rates in the economy. The interbank rate serves as a benchmark for setting borrowing costs for businesses and consumers, as well as determining the profitability of banks. It is closely monitored by policymakers and economists as it reflects the health of the financial system and can impact the overall economic growth of the country. fluctuations in the interbank rate can also indicate changes in market conditions and the level of risk in the banking sector.