Cash Rate

Reserve Bank of India, via BIS

India repo rate

View on India desk

5.25%

−0.25 pp last change (Dec 4, 2025)

As of Sep 17, 2026 | Daily (policy rate; changes on decision days)

Average
6.88%
Median
6.50%
Low
3.00% Jan 1, 1946
High
12.00% Oct 9, 1991
DateRate
Sep 17, 20265.25
Aug 31, 20265.25
Jul 31, 20265.25
Jun 30, 20265.25
May 31, 20265.25
Apr 30, 20265.25
Mar 31, 20265.25
Feb 28, 20265.25
Jan 31, 20265.25
Dec 31, 20255.25
Nov 30, 20255.50
Oct 31, 20255.50
Sep 30, 20255.50
Aug 31, 20255.50
Jul 31, 20255.50
Jun 30, 20255.50
May 31, 20256.00
Apr 30, 20256.00
Mar 31, 20256.25
Feb 28, 20256.25
Jan 31, 20256.50
Dec 31, 20246.50
Nov 30, 20246.50
Oct 31, 20246.50

About the repo rate

Reserve Bank of India repo rate, from the BIS policy-rate data set (WS_CBPOL, IN). Current: 5.25% on Sep 17, 2026. Since 2001 this is the overnight repo rate; earlier years are the Bank Rate.

The chart is a step at policy changes. From Jan 1, 1946 to Sep 17, 2026 (29,480 observations): mean 6.88%, median 6.50%; low 3.00% (Jan 1, 1946), high 12.00% (Oct 9, 1991). Not a mortgage or deposit rate. This page is not an official BIS publication.

Source: BIS central bank policy rates (WS_CBPOL), India daily. Licence: BIS statistics: unrestricted reuse with attribution; inclusion must not add a charge to users. This page is not an official BIS publication (terms). Files: data/raw/bis-in-policy.json.

Reading this series

India's repo rate is the rate at which the Reserve Bank of India lends to banks against government securities and is the country's main policy rate. This page uses the BIS central bank policy rate series for India (WS_CBPOL), compiled with the RBI, stored as dated level changes and drawn as daily steps from 1946. Since 2001 the series is the overnight repo rate; earlier years are the Bank Rate, which was the policy instrument before the current framework. The rate changes only at RBI Monetary Policy Committee decisions.

Read the headline with its as-of date, then the "versus the previous reading" line. Where the rate has been unchanged, the page shows the date of the last actual move instead of a run of zero changes. Mean, median, low and high are arithmetic summaries of the observations in this build, not official figures. Chart and Table present one series two ways, the range buttons only filter what is drawn, and Explore adds zoom and pan on request. The repo rate is not a mortgage or deposit rate, and this page is not an official BIS publication.

About this desk

The Canada desk leads with the Bank of Canada's target for the overnight rate, then CORRA, the Canadian Overnight Repo Rate Average. US, UK and other official rates follow in the menu. The target is a policy setting the Bank changes at fixed announcement dates; CORRA is a market benchmark calculated from repo transactions and published, not set, by the Bank. Keeping both on one desk shows the policy rate and the market rate it steers.

All series are read from official files and republished without alteration. As on the US desk, Canadian dates are written month-first. The build covers two Canadian series only; it does not publish a Canadian mortgage or deposit rate because none is ingested. Every desk shows the same set in a different order, so the numbers are identical whichever desk you use. Nothing here is financial advice.