The India Tally

RBI policy repo rate

5.50%

7 Oct 2026 · up +0.25 pt from 5 Aug 2026

In force since
7 Oct 2026
Released
7 Oct 2026
Next decision
4 Dec 2026 (schedule)

The rate at which banks borrow from the RBI. When it goes up, interest on floating rate loans such as home loans usually rises after a few months; when it comes down, they usually ease.

History

4%5%6%7%8%2016201820202022202420265.50%
4%6%8%2016202020245.50%

Each step is the day the rate changed. Hover or tap the chart to read a value. Every value is also in the table below and the CSV.

  • Decisions since January 2014. Until October 2016 the RBI Governor set the rate; since then the Monetary Policy Committee decides it.

Last 12 of 80 decisions, since 28 Jan 2014

FromValueReleasedSource link
7 Oct 20265.50%7 Oct 2026Source
5 Aug 20265.25%5 Aug 2026Source
5 Jun 20265.25%5 Jun 2026Source
8 Apr 20265.25%8 Apr 2026Source
6 Feb 20265.25%6 Feb 2026Source
5 Dec 20255.25%5 Dec 2025Source
1 Oct 20255.50%1 Oct 2025Source
6 Aug 20255.50%6 Aug 2025Source
6 Jun 20255.50%6 Jun 2025Source
9 Apr 20256.00%9 Apr 2025Source
7 Feb 20256.25%7 Feb 2025Source
6 Dec 20246.50%6 Dec 2024Source
All of RBI, banks and money
Indicator Latest Change Period Trend
Bank credit 15 Oct 2026 · down −₹2,51,881 cr ₹227.43 lakh cr down −₹2,51,881 cr 15 Oct 2026
Bank credit growth 15 Oct 2026 · down −1.20 pt 18.20% down −1.20 pt 15 Oct 2026
Bank deposits 15 Oct 2026 · down −₹5,19,783 cr ₹278.76 lakh cr down −₹5,19,783 cr 15 Oct 2026
Bank deposit growth 15 Oct 2026 · down −1.10 pt 16.70% down −1.10 pt 15 Oct 2026
Money supply (M3) 15 Oct 2026 · down −₹4,66,175 cr ₹333.00 lakh cr down −₹4,66,175 cr 15 Oct 2026

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The full history as a CSV, free. The source and its terms are written at the top of the file.

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<iframe src="https://theindiatally.com/embed/repo_rate/" title="RBI policy repo rate" width="320" height="170" style="border:0"></iframe>