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India: Central bank policy rate

Percent · 1925–2025 · 101 observations · forecasts to 2026 · cbrate

2025
5.25%percent
Change on 2024
−1.3 pointsfrom 6.50%
Average, 2016–2025
5.64%10 years
Record high and low
12.0% (1991)low 3.00% (1936)

Central bank policy rate

Report error
2%4%6%8%10%12%19401960198020002020IndiaIndia
ForecastPercent

Compare with other countries →Definition of Central bank policy rate

Recent values

Percent

YearValue
20265.25Forecast
20255.25
20246.50
20236.50
20226.25
20214.00
20204.00
20195.15
20186.50
20176.00
20166.25

Sources

  • Ellison, Lee & O'Rourke1925–1934
  • Homer & Sylla1930–1989
  • Grimm1945–2023
  • Bank for International Settlements1946–2025
  • OECD Economic Outlook2001–2025
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms