India RBI policy repo rate
India RBI policy repo rate is 5.25 percent, in force since 5 Dec 2025. It was 5.5 percent before that. Last checked against the official source on 10 Sep 2026.
Policy repo rate under the Liquidity Adjustment Facility, set by the Reserve Bank of India's Monetary Policy Committee (six scheduled bi-monthly meetings per year).
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| Current value | 5.25 percent |
|---|---|
| In force from | 2025-12-05 |
| Official source | Reserve Bank of India, Monetary Policy Statement 2025-26 — Resolution of the Monetary Policy Committee (58th meeting, December 3-5, 2025), press release of 5 December 2025. Level reaffirmed without change by the Monetary Policy Statement, 2026-27 — Resolution of the Monetary Policy Committee, meeting of 3 to 5 August 2026: the MPC unanimously kept the policy repo rate at 5.25 per cent and retained the neutral stance (SDF 5.00 per cent, MSF and Bank Rate 5.50 per cent), as displayed on the RBI home page policy-rates block. |
| Last verified | 2026-09-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
MPC voted unanimously on 2025-12-05 to cut the repo rate 25bp to 5.25% with immediate effect, retaining a neutral stance. Rate corridor: Standing Deposit Facility 5.00%, Marginal Standing Facility and Bank Rate 5.50%. Held at 5.25% through the February 4-6, April 6-8 and June 3-5, 2026 MPC meetings (June 5, 2026 statement: unchanged, neutral stance; FY27 CPI projection raised to 5.1%). rbi.org.in homepage rate ticker confirmed 5.25% 'as at 1.00pm of July 20, 2026'. Next scheduled review: August 2026. Held at 5.25% at the August 3-5, 2026 MPC meeting: the RBI homepage policy-rates block read 5.25% on 13 August 2026, with 'Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026' listed as the latest monetary policy action.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-06-06 | 5.5 | — |
| 2025-04-09 | 6 | — |
| 2025-02-07 | 6.25 | — |
| 2023-02-08 | 6.5 | — |
| 2022-12-07 | 6.25 | Bank for International Settlements - Central Bank Policy… |
| 2022-09-30 | 5.9 | Bank for International Settlements - Central Bank Policy… |
| 2022-08-05 | 5.4 | Bank for International Settlements - Central Bank Policy… |
| 2022-06-08 | 4.9 | Bank for International Settlements - Central Bank Policy… |
| 2022-05-04 | 4.4 | Bank for International Settlements - Central Bank Policy… |
| 2020-05-22 | 4 | Bank for International Settlements - Central Bank Policy… |
| 2020-03-27 | 4.4 | Bank for International Settlements - Central Bank Policy… |
| 2019-10-05 | 5.15 | Bank for International Settlements - Central Bank Policy… |
Get it programmatically
curl https://asiaref.dev/v1/in/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/in/policy-rate/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/in/policy-rateOther India series: Statutory late-payment interest · GST standard rate · VAT registration threshold · Minimum wage · Public holidays · CPI inflation (year-on-year) · Corporate income tax rate · Withholding tax rates · Personal income tax bands · Statutory social-insurance contributions
The same figure elsewhere: Indonesia · Iraq · Israel · Japan · Jordan · all 28