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
08 Apr 2026
5.25%
—
5.25%
06 Feb 2026
5.25%
—
—
05 Dec 2025
N/D
—
5.50%
01 Oct 2025
5.50%
—
5.50%
07 Aug 2025
5.50%
—
5.50%
06 Jun 2025
5.50%
—
6.00%
09 Apr 2025
6.00%
—
6.25%
07 Feb 2025
6.25%
—
6.50%
06 Dec 2024
6.50%
—
6.50%
09 Oct 2024
6.50%
—
6.50%
08 Aug 2024
6.50%
—
6.50%
07 Jun 2024
6.50%
—
6.50%
05 Apr 2024
6.50%
—
6.50%
08 Feb 2024
6.50%
—
6.50%
08 Dec 2023
6.50%
—
6.50%
06 Oct 2023
6.50%
—
6.50%
10 Aug 2023
6.50%
—
6.50%
08 Jun 2023
6.50%
—
6.50%
06 Apr 2023
6.50%
—
6.50%
08 Feb 2023
6.50%
—
6.25%