India Interest Rate - Forecast

Interest Rate in India is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in India to stand at 6.75 in 12 months time. In the long-term, the India Interest Rate is projected to trend around 5.75 percent in 2020, according to our econometric models.


Forecast Data Chart
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India Money Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.5 6.5 6.75 6.75 6.75 5.75
Cash Reserve Ratio 4 4 4 4 4 4
Interbank Rate 6.98 6.98 7.23 7.23 7.23 6.23
Money Supply M1 31578 31310 31385 31274 31327 31326
Money Supply M2 32981 33072 32924 32964 32965 32960
Money Supply M3 142070 143013 145790 148540 151281 178398
Central Bank Balance Sheet 16938 16701 16649 16595 16621 16617
Foreign Exchange Reserves 400490 398442 394659 392702 391693 390619
Loan Growth 13.5 12.86 12.5 12.86 12.86 12
Reverse Repo Rate 6.25 6.25 6.5 6.5 6.5 5.5