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Short-Term Interest Rate (3-Month Interbank Interest Rate) in India

Source: National Central Bank, OECD forecast for 2020-2022 (Dec 2020)
Last Updated: May 29, 2023

Short-term interest rate measured by 3-month interbank interest rate reached 3.65% in 2022 in India, according to the National Statistical Office. This is 0% more than in the previous year.

Historically, short-term interest rate measured by 3-month interbank interest rate in India reached an all time high of 8.06% in 2011 and an all time low of 3.65% in 2022.

India has been ranked 5th within the group of 44 countries we follow in terms of short-term interest rate measured by 3-month interbank interest rate.

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