What is the RBI's repo rate?
RBI · released 7 Oct 2026
| Period | Value (%) |
|---|---|
| Oct 2026 | 5.50 |
| Dec 2025 | 5.25 |
| Jun 2025 | 5.50 |
| Apr 2025 | 6.00 |
| Feb 2025 | 6.25 |
| Feb 2023 | 6.50 |
| Dec 2022 | 6.25 |
| Sep 2022 | 5.90 |
| Aug 2022 | 5.40 |
| Jun 2022 | 4.90 |
| May 2022 | 4.40 |
| May 2020 | 4.00 |
| Mar 2020 | 4.40 |
| Oct 2019 | 5.15 |
| Aug 2019 | 5.40 |
| Jun 2019 | 5.75 |
| Apr 2019 | 6.00 |
| Feb 2019 | 6.25 |
| Aug 2018 | 6.50 |
| Jun 2018 | 6.25 |
| Aug 2017 | 6.00 |
| Oct 2016 | 6.25 |
Use in your answer
The RBI's policy repo rate is 5.50%, set in Oct 2026; before that it was 5.25%, set in Dec 2025. Source: RBI, Monetary Policy Statements (MPC resolutions); RBI, Handbook of Statistics on the Indian Economy 2025-26, Table 40: Major Monetary Policy Rates.
Cite as: Monetary Policy Statements (MPC resolutions); Handbook of Statistics on the Indian Economy 2025-26, Table 40 (RBI Monetary Policy Committee), Oct 2026
What this shows
- The MPC raised the policy repo rate by 25 basis points to 5.50% on 7 October 2026, its first increase since February 2023, and changed its stance to calibrated tightening.
- In 2025 the MPC cut the rate by 125 basis points in all, from 6.50% to 5.25%: in February, April, June (50 basis points) and December.
- After the October 2026 increase, the standing deposit facility (SDF) rate is 5.25% and the marginal standing facility (MSF) rate and the Bank Rate are 5.75%.
Cite this
Cite a fixed version from every published version below.
Source and method
What exactly is measured
The policy repo rate: the rate at which the RBI provides overnight funds to banks under its liquidity adjustment facility (LAF), set by the Monetary Policy Committee (MPC). Each point is a change in the rate, dated by the month it took effect, from October 2016; the rate stayed where it was between points, so the points are not evenly spaced in time.
History: every published version
Each time the source changes this series we archive the full series as it stood, with an archived copy of the source, and never delete an old version. Each version has a permanent page you can cite. Recorded since 18 Oct 2026: 1 version.
No figure in this series has been revised since we began recording on 18 Oct 2026.
- 22 periods, latest Oct 2026: 5.50% · first snapshotArchived source
64984d7f185c
Release notes (22)
- 6.25%Repo rate cut by 25 bps
- 6.00%Repo rate cut by 25 bps
- 6.25%Repo rate raised by 25 bps
- 6.50%Repo rate raised by 25 bps
- 6.25%Repo rate cut by 25 bps
- 6.00%Repo rate cut by 25 bps
- 5.75%Repo rate cut by 25 bps
- 5.40%Repo rate cut by 35 bps
- 5.15%Repo rate cut by 25 bps
- 4.40%Repo rate cut by 75 bps
- 4.00%Repo rate cut by 40 bps
- 4.40%Repo rate raised by 40 bps
- 4.90%Repo rate raised by 50 bps
- 5.40%Repo rate raised by 50 bps
- 5.90%Repo rate raised by 50 bps
- 6.25%Repo rate raised by 35 bps
- 6.50%Repo rate raised by 25 bps
- 6.25%Repo rate cut by 25 bps
- 6.00%Repo rate cut by 25 bps
- 5.50%Repo rate cut by 50 bps
- 5.25%Repo rate cut by 25 bps
- 5.50%MPC raised the repo rate by 25 bps (stance changed to calibrated tightening)
Get the data
Use it in Excel, Python or R
Excel (Data → From Web): https://india.tf/c/trd-repo-046/data.csv
Python: pandas.read_csv("https://india.tf/c/trd-repo-046/data.csv")
R: read.csv("https://india.tf/c/trd-repo-046/data.csv")
All statistics: /api/index.json. Free to reuse with attribution (RBI website terms of use).
