Reserve Bank of India
official repo overnight rate, 5.25% since 5 December 2025.
as of 2026-09-08 · BIS daily levels · 96 decisions since 1946
India·INR·all central banks2026-09-08 · 5.25%
Every decision
Newest first; a shaded row marks a change of instrument.
| Date | Level | Change | Instrument |
|---|---|---|---|
| 2025-12-05 | 5.25% | −0.25% | official repo overnight rate |
| 2025-06-06 | 5.50% | −0.50% | official repo overnight rate |
| 2025-04-09 | 6.00% | −0.25% | official repo overnight rate |
| 2025-02-07 | 6.25% | −0.25% | official repo overnight rate |
| 2023-02-08 | 6.50% | +0.25% | official repo overnight rate |
| 2022-12-07 | 6.25% | +0.35% | official repo overnight rate |
| 2022-09-30 | 5.90% | +0.50% | official repo overnight rate |
| 2022-08-05 | 5.40% | +0.50% | official repo overnight rate |
| 2022-06-08 | 4.90% | +0.50% | official repo overnight rate |
| 2022-05-04 | 4.40% | +0.40% | official repo overnight rate |
| 2020-05-22 | 4.00% | −0.40% | official repo overnight rate |
| 2020-03-27 | 4.40% | −0.75% | official repo overnight rate |
| 2019-10-05 | 5.15% | −0.25% | official repo overnight rate |
| 2019-08-08 | 5.40% | −0.35% | official repo overnight rate |
| 2019-06-07 | 5.75% | −0.25% | official repo overnight rate |
| 2019-04-04 | 6.00% | −0.25% | official repo overnight rate |
| 2019-02-08 | 6.25% | −0.25% | official repo overnight rate |
| 2018-08-01 | 6.50% | +0.25% | official repo overnight rate |
| 2018-06-06 | 6.25% | +0.25% | official repo overnight rate |
| 2017-08-02 | 6.00% | −0.25% | official repo overnight rate |
| 2016-10-04 | 6.25% | −0.25% | official repo overnight rate |
| 2016-04-05 | 6.50% | −0.25% | official repo overnight rate |
| 2015-09-29 | 6.75% | −0.50% | official repo overnight rate |
| 2015-06-02 | 7.25% | −0.25% | official repo overnight rate |
| 2015-03-04 | 7.50% | −0.25% | official repo overnight rate |
| 2015-01-15 | 7.75% | −0.25% | official repo overnight rate |
| 2014-01-28 | 8.00% | +0.25% | official repo overnight rate |
| 2013-10-29 | 7.75% | +0.25% | official repo overnight rate |
| 2013-09-20 | 7.50% | +0.25% | official repo overnight rate |
| 2013-05-03 | 7.25% | −0.25% | official repo overnight rate |
| 2013-03-19 | 7.50% | −0.25% | official repo overnight rate |
| 2013-01-29 | 7.75% | −0.25% | official repo overnight rate |
| 2012-04-17 | 8.00% | −0.50% | official repo overnight rate |
| 2011-10-25 | 8.50% | +0.25% | official repo overnight rate |
| 2011-09-16 | 8.25% | +0.25% | official repo overnight rate |
| 2011-07-26 | 8.00% | +0.50% | official repo overnight rate |
| 2011-06-16 | 7.50% | +0.25% | official repo overnight rate |
| 2011-05-03 | 7.25% | +0.50% | official repo overnight rate |
| 2011-03-17 | 6.75% | +0.25% | official repo overnight rate |
| 2011-01-25 | 6.50% | +0.25% | official repo overnight rate |
| 2010-11-02 | 6.25% | +0.25% | official repo overnight rate |
| 2010-09-16 | 6.00% | +0.25% | official repo overnight rate |
| 2010-07-27 | 5.75% | +0.25% | official repo overnight rate |
| 2010-07-02 | 5.50% | +0.25% | official repo overnight rate |
| 2010-04-20 | 5.25% | +0.25% | official repo overnight rate |
| 2010-03-19 | 5.00% | +0.25% | official repo overnight rate |
| 2009-04-21 | 4.75% | −0.25% | official repo overnight rate |
| 2009-03-05 | 5.00% | −0.50% | official repo overnight rate |
| 2009-01-05 | 5.50% | −1.00% | official repo overnight rate |
| 2008-12-08 | 6.50% | −1.00% | official repo overnight rate |
| 2008-11-03 | 7.50% | −0.50% | official repo overnight rate |
| 2008-10-20 | 8.00% | −1.00% | official repo overnight rate |
| 2008-07-30 | 9.00% | +0.50% | official repo overnight rate |
| 2008-06-25 | 8.50% | +0.50% | official repo overnight rate |
| 2008-06-12 | 8.00% | +0.25% | official repo overnight rate |
| 2007-03-31 | 7.75% | +0.25% | official repo overnight rate |
| 2007-01-31 | 7.50% | +0.25% | official repo overnight rate |
| 2006-10-31 | 7.25% | +0.25% | official repo overnight rate |
| 2006-07-25 | 7.00% | +0.25% | official repo overnight rate |
| 2006-06-08 | 6.75% | +0.25% | official repo overnight rate |
| 2006-01-24 | 6.50% | +0.25% | official repo overnight rate |
| 2005-10-26 | 6.25% | +0.25% | official repo overnight rate |
| 2004-03-31 | 6.00% | −1.00% | official repo overnight rate |
| 2003-03-19 | 7.00% | −0.10% | official repo overnight rate |
| 2003-03-07 | 7.10% | −0.40% | official repo overnight rate |
| 2002-11-12 | 7.50% | −0.50% | official repo overnight rate |
| 2002-03-28 | 8.00% | −0.50% | official repo overnight rate |
| 2001-06-07 | 8.50% | −0.25% | official repo overnight rate |
| 2001-04-30 | 8.75% | −0.25% | official repo overnight rate |
| 2001-04-27 | 9.00% | +0.50% | official repo overnight rate |
| 2001-04-03 | 8.50% | — | official repo overnight rate |
| 2001-04-03: Instrument switched from oank rate to official repo overnight rate, per BIS's own era text. | |||
| 2001-03-02 | 7.00% | −0.50% | oank rate |
| 2001-02-17 | 7.50% | −0.50% | oank rate |
| 2000-07-22 | 8.00% | +1.00% | oank rate |
| 2000-04-02 | 7.00% | −1.00% | oank rate |
| 1999-03-02 | 8.00% | −1.00% | oank rate |
| 1998-04-29 | 9.00% | −1.00% | oank rate |
| 1998-04-03 | 10.00% | −0.50% | oank rate |
| 1998-03-19 | 10.50% | −0.50% | oank rate |
| 1998-01-17 | 11.00% | +2.00% | oank rate |
| 1997-10-22 | 9.00% | −1.00% | oank rate |
| 1997-06-26 | 10.00% | −1.00% | oank rate |
| 1997-04-16 | 11.00% | −1.00% | oank rate |
| 1991-10-09 | 12.00% | +1.00% | oank rate |
| 1991-07-04 | 11.00% | +1.00% | oank rate |
| 1981-07-12 | 10.00% | +1.00% | oank rate |
| 1974-07-23 | 9.00% | +2.00% | oank rate |
| 1973-05-31 | 7.00% | +1.00% | oank rate |
| 1971-01-09 | 6.00% | +1.00% | oank rate |
| 1968-03-02 | 5.00% | −1.00% | oank rate |
| 1965-02-17 | 6.00% | +1.00% | oank rate |
| 1964-09-26 | 5.00% | +0.50% | oank rate |
| 1963-01-03 | 4.50% | +0.50% | oank rate |
| 1957-05-16 | 4.00% | +0.50% | oank rate |
| 1951-11-15 | 3.50% | +0.50% | oank rate |
| 1946-01-01 | 3.00% | — | oank rate |
2025-12-055.25%
official repo overnight rate−0.25%
2025-06-065.50%
official repo overnight rate−0.50%
2025-04-096.00%
official repo overnight rate−0.25%
2025-02-076.25%
official repo overnight rate−0.25%
2023-02-086.50%
official repo overnight rate+0.25%
2022-12-076.25%
official repo overnight rate+0.35%
2022-09-305.90%
official repo overnight rate+0.50%
2022-08-055.40%
official repo overnight rate+0.50%
2022-06-084.90%
official repo overnight rate+0.50%
2022-05-044.40%
official repo overnight rate+0.40%
2020-05-224.00%
official repo overnight rate−0.40%
2020-03-274.40%
official repo overnight rate−0.75%
Show all 97 decisions
2019-10-055.15%
official repo overnight rate−0.25%
2019-08-085.40%
official repo overnight rate−0.35%
2019-06-075.75%
official repo overnight rate−0.25%
2019-04-046.00%
official repo overnight rate−0.25%
2019-02-086.25%
official repo overnight rate−0.25%
2018-08-016.50%
official repo overnight rate+0.25%
2018-06-066.25%
official repo overnight rate+0.25%
2017-08-026.00%
official repo overnight rate−0.25%
2016-10-046.25%
official repo overnight rate−0.25%
2016-04-056.50%
official repo overnight rate−0.25%
2015-09-296.75%
official repo overnight rate−0.50%
2015-06-027.25%
official repo overnight rate−0.25%
2015-03-047.50%
official repo overnight rate−0.25%
2015-01-157.75%
official repo overnight rate−0.25%
2014-01-288.00%
official repo overnight rate+0.25%
2013-10-297.75%
official repo overnight rate+0.25%
2013-09-207.50%
official repo overnight rate+0.25%
2013-05-037.25%
official repo overnight rate−0.25%
2013-03-197.50%
official repo overnight rate−0.25%
2013-01-297.75%
official repo overnight rate−0.25%
2012-04-178.00%
official repo overnight rate−0.50%
2011-10-258.50%
official repo overnight rate+0.25%
2011-09-168.25%
official repo overnight rate+0.25%
2011-07-268.00%
official repo overnight rate+0.50%
2011-06-167.50%
official repo overnight rate+0.25%
2011-05-037.25%
official repo overnight rate+0.50%
2011-03-176.75%
official repo overnight rate+0.25%
2011-01-256.50%
official repo overnight rate+0.25%
2010-11-026.25%
official repo overnight rate+0.25%
2010-09-166.00%
official repo overnight rate+0.25%
2010-07-275.75%
official repo overnight rate+0.25%
2010-07-025.50%
official repo overnight rate+0.25%
2010-04-205.25%
official repo overnight rate+0.25%
2010-03-195.00%
official repo overnight rate+0.25%
2009-04-214.75%
official repo overnight rate−0.25%
2009-03-055.00%
official repo overnight rate−0.50%
2009-01-055.50%
official repo overnight rate−1.00%
2008-12-086.50%
official repo overnight rate−1.00%
2008-11-037.50%
official repo overnight rate−0.50%
2008-10-208.00%
official repo overnight rate−1.00%
2008-07-309.00%
official repo overnight rate+0.50%
2008-06-258.50%
official repo overnight rate+0.50%
2008-06-128.00%
official repo overnight rate+0.25%
2007-03-317.75%
official repo overnight rate+0.25%
2007-01-317.50%
official repo overnight rate+0.25%
2006-10-317.25%
official repo overnight rate+0.25%
2006-07-257.00%
official repo overnight rate+0.25%
2006-06-086.75%
official repo overnight rate+0.25%
2006-01-246.50%
official repo overnight rate+0.25%
2005-10-266.25%
official repo overnight rate+0.25%
2004-03-316.00%
official repo overnight rate−1.00%
2003-03-197.00%
official repo overnight rate−0.10%
2003-03-077.10%
official repo overnight rate−0.40%
2002-11-127.50%
official repo overnight rate−0.50%
2002-03-288.00%
official repo overnight rate−0.50%
2001-06-078.50%
official repo overnight rate−0.25%
2001-04-308.75%
official repo overnight rate−0.25%
2001-04-279.00%
official repo overnight rate+0.50%
2001-04-038.50%
official repo overnight rate—
2001-04-03: Instrument switched from oank rate to official repo overnight rate, per BIS's own era text.
2001-03-027.00%
oank rate−0.50%
2001-02-177.50%
oank rate−0.50%
2000-07-228.00%
oank rate+1.00%
2000-04-027.00%
oank rate−1.00%
1999-03-028.00%
oank rate−1.00%
1998-04-299.00%
oank rate−1.00%
1998-04-0310.00%
oank rate−0.50%
1998-03-1910.50%
oank rate−0.50%
1998-01-1711.00%
oank rate+2.00%
1997-10-229.00%
oank rate−1.00%
1997-06-2610.00%
oank rate−1.00%
1997-04-1611.00%
oank rate−1.00%
1991-10-0912.00%
oank rate+1.00%
1991-07-0411.00%
oank rate+1.00%
1981-07-1210.00%
oank rate+1.00%
1974-07-239.00%
oank rate+2.00%
1973-05-317.00%
oank rate+1.00%
1971-01-096.00%
oank rate+1.00%
1968-03-025.00%
oank rate−1.00%
1965-02-176.00%
oank rate+1.00%
1964-09-265.00%
oank rate+0.50%
1963-01-034.50%
oank rate+0.50%
1957-05-164.00%
oank rate+0.50%
1951-11-153.50%
oank rate+0.50%
1946-01-013.00%
oank rate—
Where these numbers come from
Derived entirely from BIS daily policy-rate levels (WS_CBPOL); every day the level differs from the prior day is a change day. Instrument eras parsed from the BIS COMPILATION field (2 era(s)).