India RBI policy repo rate
India RBI policy repo rate is 5.5 percent, in force since 7 Oct 2026, cited to Reserve Bank of India, Monetary Policy Statement 2026-27. It was 5.25 percent before that. Last checked against the official source on 24 Oct 2026.
Official source: Reserve Bank of India, Monetary Policy Statement 2026-27 · Last checked 2026-10-24 · source fingerprint
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 | 5.5 percent |
|---|---|
| In force from | 2026-10-07 |
| Official source | Reserve Bank of India, Monetary Policy Statement 2026-27 — Resolution of the Monetary Policy Committee, October 5 to 7, 2026 (63rd meeting), press release of 7 October 2026: 'the MPC voted unanimously to increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 bps to 5.50 per cent. Consequently, the standing deposit facility (SDF) rate stands adjusted at 5.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 5.75 per cent.' |
| Last verified | 2026-10-24 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Raised 25bp from 5.25% at the 63rd MPC (5-7 October 2026), the first increase since February 2023; stance changed from neutral to calibrated tightening. Held at 5.25% through the August 2026 meeting. effective_from is the decision date (immediate effect), as for the December 2025 row. Read from rbi.org.in on 2026-10-24.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-12-05 | 5.25 | Reserve Bank of India, Monetary Policy Statement 2025-26 —… |
| 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… |
Get it programmatically
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Other 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 · Tax filing deadlines
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