The RBI Interest Rate Decision is made by the Bank's Monetary Policy Committee six times a year. The basic rate, or repo, is the interest rate at which the RBI issues short-term loans to Indian commercial banks. If the announced repo rate is higher than expected, this can be seen as positive for the Indian rupee. A lower than expected rate can have a negative effect on the INR quotes.
Reserve Bank of India Interest Rate Decision
Last release
08 Apr 2026 04:30 GMT
Actual
5.25%
Forecast
—
Previous
5.25%
Next release
05 Jun 2026 04:30 GMT
Actual
Coming in 38 days
Forecast
—
Previous
5.25%
Date (GMT)
Reference
Actual
Forecast
Previous
07 Jun 2016
6.50%
—
6.50%
05 Apr 2016
6.50%
—
6.75%
02 Feb 2016
6.75%
—
6.75%
01 Dec 2015
6.75%
—
6.75%
29 Sept 2015
6.75%
—
7.25%
04 Aug 2015
7.25%
—
7.25%
02 Jun 2015
7.25%
—
7.50%
07 Apr 2015
7.50%
—
7.50%
04 Mar 2015
7.50%
—
7.75%
03 Feb 2015
7.75%
—
7.75%
15 Jan 2015
7.75%
—
8.00%
02 Dec 2014
8.00%
—
8.00%
30 Sept 2014
8.00%
—
8.00%
05 Aug 2014
8.00%
—
8.00%
03 Jun 2014
8.00%
—
8.00%
01 Apr 2014
8.00%
—
8.00%
28 Jan 2014
8.00%
—
7.75%
18 Dec 2013
7.75%
—
7.75%
29 Oct 2013
7.75%
—
7.50%
20 Sept 2013
7.50%
—
7.25%