India 3-Month MIBOR was at 5.15 percent on Friday June 24.

Interbank Rate in India averaged 7.20 percent from 1998 until 2022, reaching an all time high of 12.27 percent in October of 2008 and a record low of 3.63 percent in December of 2020. This page provides - India Treasury Bill Yield - actual values, historical data, forecast, chart, statistics, economic calendar and news. India 3-Month MIBOR - values, historical data and charts - was last updated on June of 2022.

Interbank Rate in India is expected to be 5.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India 3-Month MIBOR is projected to trend around 6.50 percent in 2023, according to our econometric models.

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India 3-Month MIBOR



Related Last Previous Unit Reference
Interest Rate 4.90 4.40 percent Jun 2022
Cash Reserve Ratio 4.50 4.50 percent Jun 2022
Interbank Rate 5.15 5.15 percent Jun 2022
Money Supply M1 52861.84 53029.93 INR Billion Apr 2022
Money Supply M2 55050.03 54717.61 INR Billion May 2022
Money Supply M3 208193.87 206804.42 INR Billion Jun 2022
Foreign Exchange Reserves 590590.00 601060.00 USD Million Jun 2022
Central Bank Balance Sheet 29639.26 28921.88 INR Billion May 2022
Loan Growth 13.10 12.10 percent Jun 2022
Reverse Repo Rate 3.35 3.35 percent May 2022

India 3-Month MIBOR
In India, the interbank rate refers to the Mumbai InterBank Overnight Rate (MIBOR) which is the overnight lending rate for Indian commercial banks.
Actual Previous Highest Lowest Dates Unit Frequency
5.15 5.15 12.27 3.63 1998 - 2022 percent Daily