Interbank Rate in India is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in India to stand at 6.61 in 12 months time. In the long-term, the India Treasury Bill 91 Day Yield is projected to trend around 5.50 percent in 2020, according to our econometric models.


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


India Money Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 6 6 6 6 6 4.75
Cash Reserve Ratio 4 4 4 4 4 4
Interbank Rate 6.07 6.3 6.33 6.48 6.61 5.5
Money Supply M1 27364 27275 27284 27253 27231 27017
Money Supply M2 28226 28100 28086 28052 28018 27724
Money Supply M3 129913 131030 131684 132070 132288 131983
Central Bank Balance Sheet 17933 17775 17655 17532 17411 16386
Foreign Exchange Reserves 400297 399552 399252 398952 398652 395977
Loan Growth 6.9 7.9 7.46 7.75 8.03 7
Reverse Repo Rate 5.75 5.75 5.79 5.85 5.91 6.13