Short-term interest rate (per cent) - India - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In India, the short-term interest rate was 5.34 per cent in June 2026, compared to 5.39 in May 2026.
Sample. There are 176 observations overall in the monthly series shown in the plot above. The period covered by the series stretches from November 2011 to June 2026.
History. Here's a peek at a few descriptive statistics computed on the full sample: the interest rate hit a maximum of 11.33 per cent in August 2013; it registered a minimum of 3.06 in November 2020; it averaged 6.41.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 5.24 |
| 2026-05-31 | 5.39 |
| 2026-06-30 | 5.34 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Short-term interest rate |
| Country | India |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Short-term interest rates are the rates at which short-term borrowings are effected between financial institutions or the rate at which short-term government paper is issued or traded in the market. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.