India Treasury Bill 91 Day Yield decreased to 3.39 percent on Friday October 15 from 3.48 percent in the previous day. source: Reserve Bank of India

Interbank Rate in India averaged 7.15 percent from 1993 until 2021, reaching an all time high of 12.97 percent in July of 1995 and a record low of 2.93 percent in November of 2020. This page provides - India Treasury Bill Yield - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Treasury Bill 91 Day Yield - values, historical data and charts - was last updated on October of 2021.

Interbank Rate in India is expected to be 3.39 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Treasury Bill 91 Day Yield is projected to trend around 4.14 percent in 2022 and 4.89 percent in 2023, according to our econometric models.

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India Treasury Bill 91 Day Yield

India Last Unit Reference Previous Highest Lowest
Interest Rate 4.00 percent Oct/21 4.00 14.50 4.00
Cash Reserve Ratio 4.00 percent Oct/21 4.00 10.50 3.00
Interbank Rate 3.39 percent Oct/21 3.48 12.97 2.93
Money Supply M1 48032.49 INR Billion Aug/21 48565.11 48565.11 80.15
Money Supply M2 49481.73 INR Billion Sep/21 49810.93 49810.93 1127.49
Money Supply M3 195674.96 INR Billion Oct/21 193995.96 195674.96 123.52
Foreign Exchange Reserves 641008.00 USD Million Oct/21 639516.00 642453.00 29048.00
Central Bank Balance Sheet 34147.69 INR Billion Sep/21 33300.55 34147.69 1624.31
Loan Growth 6.50 percent Oct/21 6.70 18.70 4.10
Reverse Repo Rate 3.35 percent Oct/21 3.35 13.50 3.25

India Treasury Bill 91 Day Yield
In India, the interbank rate is the rate of interest charged on short-term loans made between banks..