India interest rate


India interest rate closed down 6.5 as of October 9, 2024 from 6.5 from the previous day, 6.5 last week and 6.25 last month.

India interest rate Analytics & Data





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India interest rate closing prices of the last 60 days are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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India interest rate Historical Data

Date Close
2024-10-09 6.5
2024-08-08 6.5
2024-07-31 6.5
2024-06-07 6.5
2024-05-31 6.5
2024-04-05 6.5
2024-03-31 6.5
2024-02-08 6.5
2024-01-31 6.5
2023-12-08 6.5
2023-11-30 6.5
2023-10-06 6.5
2023-08-10 6.5
2023-07-31 6.5
2023-06-08 6.5
2023-05-31 6.5
2023-04-06 6.5
2023-03-31 6.5
2023-02-08 6.5
2023-01-31 6.25
2022-12-07 6.25
2022-11-30 5.9
2022-10-31 5.9
2022-09-30 5.9
2022-08-04 5.4
2022-07-31 4.9
2022-06-08 4.9
2022-05-04 4.4
2022-04-08 4
2022-03-31 4
2022-02-09 4
2022-01-31 4
2021-12-08 4
2021-11-30 4
2021-10-08 4
2021-09-30 4
2021-08-06 4
2021-07-31 4
2021-06-04 4
2021-05-31 4
2021-04-07 4
2021-03-31 4
2021-02-05 4
2021-01-31 4
2020-12-04 4
2020-11-30 4
2020-10-09 4
2020-09-30 4
2020-08-06 4
2020-07-31 4
2020-06-30 4
2020-05-22 4
2020-04-30 4.4
2020-04-03 4.4
2020-03-27 4.4
2020-02-06 5.15
2020-01-31 5.15
2019-12-05 5.15
2019-11-30 5.15
2019-10-04 5.15

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India interest rate Statistics

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

India interest rate Quantitative Analysis, Charts & Factors

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India interest rate Historical Data

The MacroVar database offers free access to historical data for the India interest 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 interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India interest rate

The interest rate in India refers to the rate at which banks and financial institutions lend money to borrowers. It is set by the Reserve Bank of India (RBI) and plays a crucial role in determining the cost of borrowing for individuals and businesses. The interest rate is a key tool used by the RBI to control inflation, stimulate economic growth, and maintain financial stability. Changes in the interest rate can have a significant impact on various sectors of the economy, including consumption, investment, and overall economic activity. Monitoring and adjusting the interest rate is a key aspect of the RBI's monetary policy framework.