India interbank rate

India’s interbank rate icnreased to 3.35 by 5.68% on April 2021 from 3.17 in the previous month. On a year on year basis India’s interbank rate decreased by -0.59%. India’s interbank rate trend is up since the current value of 3.35 is higher than the 12 month moving average of 3.25583. and the 12 month moving average slope is down. India’s interbank rate 5-year percentile is currently at 33.33%.

India interbank rate Chart

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Date Value
04/05/2022 4,62
29/04/2022 4,62
03/09/2021 4,25
27/08/2021 3,30
20/08/2021 3,33
30/07/2021 3,39
23/07/2021 3,42
16/07/2021 3,43
02/07/2021 3,44
18/06/2021 3,47

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India interbank rate

India Interbank rate Statistics

Click here to explore the methodology used for estimating the India interbank rate signals presented in the statistics table below.

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interbank rate in.interbankrate 4.62 4.62 0 35.88 UP UP 99.17 2022-05-04

India Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
BSE Sensex 30 BSE 57943.7 0.5 0.5 0.60241 56.5535 0.00608 -0.00079 0.03733 0.1642
India ETF INDA 45.38 0.5 0 -0.09774 59.0186 0.01749 0.02184 0.06501 0.08125
Indian Rupee US Dollar (INR/USD) INRUSD 75.67 -0.5 0.5 1.29196 46.0115 -0.00526 -0.00565 -0.00172 0.01258
India 5-Year Bond Yield IN.5Y 6.326 0 0.75 1.87539 48.4425 -0.00737 -0.01203 0.01688 0.03063
India 2-year bond yield IN.2Y 5.025 0 0.75 1.48364 50.5679 -0.0118 -0.00456 0.03459 0.09668
India Yield Curve IN.YC 1.96 -0.5 0.25 0.53409 28.3207 6.52 12.64 9.07 2.06552
India Credit Default Swaps CDS.India 107.14 0 0 -0.06085 68.4933 7.66 24.55 -4.73 0.44141

India Financial News Stream

India Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade in.balanceoftrade -24.29 -20.11 20.79 158.4 Down Down 66.67 2022-06-16
bank lending rate in.banks.lendingrate 8.8 8.8 0 -0.0638298 -1.0 -1.0 0.025 2020-12-31
business confidence in.bizconfidence 114.1 111.4 0.024237 -0.0146805 1.0 -1.0 0.4 2021-01-01
capital flows in.capitalflows 70.81 -202.27 -135.01 -185.04 UP UP 0 2022-06-24
car registrations in.carregistrations 172643 153995 12.11 175.82 UP UP 26.67 2022-06-16
cash reserve ratio in.cashreserveratio 3.5 3.5 0 0.166667 1.0 1.0 0.991667 2021-05-28
central bank balance sheet in.cb.assets 29639.3 28921.9 2.48 1.54 Down UP 81.67 2022-06-16
composite pmi in.comppmi 57.6 54.3 6.08 3.97 UP UP 95 2022-05-04
consumer confidence in.consconfidence 76 71.7 6 19.31 UP UP 23.33 2022-06-24
consumer price index cpi in.cpi 171.7 170.1 0.94 7.04 UP UP 100 2022-06-14
current account in.currentaccount -13400 -22200 -39.64 189.52 Down Down 30 2022-06-24
current account to gdp in.currentaccountgdp 0.9 -0.9 -2 -1.3913 1.0 1.0 0 2020-01-31
exports in.exports 38.94 40.19 -3.11 19.96 UP UP 28.33 2022-06-16
external debt in.externaldebt 570000 563487 0.0115584 0.0769144 1.0 1.0 0.1 2021-01-31
fiscal expenditure in.fiscalexp 274829 3794170 -92.76 -92.17 Down Down 81.67 2022-06-06
foreign direct investment in.fdi 5030 2742 83.44 76.62 UP UP 85 2022-06-22
foreign exchange reserves in.fxreserves 590590 601060 -1.74 -4.38 Down Down 6.67 2022-06-24
gdp in.gdp 2622.98 2870.5 -0.0862289 1.18782 1.0 1.0 0 2020-01-31
Real GDP in.realgdp 40780.2 38218.8 6.7 10.53 UP UP 100 2022-05-26
gdp growth in.gdpgrowth 0.8 1.7 -52.94 -38.46 Down Down 11.67 2022-06-24
gdp growth annual in.gdpgrowthan 4.1 5.4 -24.07 -28.07 UP Down 13.33 2022-05-26
gold reserves in.goldres 760.4 754.1 0.84 24.13 UP UP 100 2022-06-11
government budget in.govbudget -9.4 -4.6 1.04348 0.569282 -1.0 -1.0 0 2020-01-31
Government budget in.govbudgetvalue -748460 -15865400 -95.28 -58.7 UP UP 8.33 2022-05-26
government debt to gdp in.govdebtgdp 69.62 69.8 -0.0025788 -0.0254759 1.0 -1.0 0 2019-01-31
government revenues in.govrev 199983 2207630 -90.94 -88.16 Down Down 81.67 2022-06-06
housing index in.housingindex 107 101 0.0594059 0.038835 1.0 1.0 0 2020-10-01
imports in.imports 63.22 60.3 4.84 51.03 UP UP 33.33 2022-06-16
industrial production in.indproduction 7.1 1.9 273.68 -70.54 Down Down 83.33 2022-06-14
industrial production mom in.indproductionmm -9.2 12.9 -171.32 -30.83 Down UP 10 2022-06-14
inflation cpi in.inflationcpi 7.04 7.79 -9.63 11.75 UP UP 90 2022-06-14
interbank rate in.interbankrate 4.62 4.62 0 35.88 UP UP 99.17 2022-05-04
interest rate in.interestrate 4 4.4 -0.0909091 -0.333333 -1.0 -1.0 0.0166667 2020-05-22
loan growth in.loangrowth 13.1 12.1 8.26 87.14 UP UP 100 2022-06-16
manufacturing pmi in.manpmi 54.7 54 1.3 -1.44 UP Down 73.33 2022-05-04
money supply m1 in.msm1 52861.8 53029.9 -0.32 12.23 UP UP 98.33 2022-06-22
money supply m2 in.msm2 55050 54717.6 0.61 12.74 UP UP 100 2022-06-06
money supply m3 in.msm3 208194 206804 0.67 9.02 UP UP 98.33 2022-06-22
Producer Price Index in.producerprices 154 151.9 1.38 15.88 UP UP 100 2022-06-22
PPI Index in.producerpricesch 15.88 15.08 5.31 47.86 UP UP 100 2022-06-16
reverse repo rate in.reverserepo 3.35 3.75 -0.106667 -0.417391 -1.0 -1.0 0.0166667 2020-05-31
services pmi in.servpmi 58.9 57.9 1.73 26.94 UP UP 100 2022-05-26
unemployment rate in.unemploymentrate 11.9 8 0.4875 -0.451613 1.0 -1.0 0 2021-05-31
youth unemployment rate in.ytunemploymentrate 34.7 21.1 0.64455 0 -1.0 -1.0 0 2020-04-30

India interbank rate analysis

India’s interbank rate is the rate of interest charged on short-term loans made between banks. Banks may borrow from other banks to ensure that they have enough liquidity for their immediate needs, or lend money when they have excess cash on hand. Explore MacroVar financial knowledge base structured by professional fund managers and economists.

India interbank rate trend

India interbank rate trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the India interbank rate has recorded new highs or lows. India interbank rate trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

India interbank rate momentum

India interbank rate momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.