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Bank of India Interest Rate

Interest Rate in India

Indicator Data Period
Interest Rate 6.5 % Oct/23


Latest data on Interest Rate (%)

Interest Rate
                     India - Historical Data (%)

What is Bank of India Interest Rate?

  • Interest Rate in India remained unchanged at 6.5 % in October 2023. The maximum level was 14.5 % and minimum was 4 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
6.5 Oct/23 06.10.2023
6.5 Aug/23 10.08.2023
6.5 Jul/23 01.08.2023
6.5 Jun/23 08.06.2023
6.5 May/23 21.04.2023
6.5 Apr/23 06.04.2023
6.5 Feb/23 08.02.2023
6.25 Dec/22 07.12.2022


Historical Chart by presidents (%)

Interest Rate in India by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ram Kovind 25.07.2017 - 6.2500 6.0000 6.2500 6.0000 -4.00%
Pranab Mukherjee 25.07.2012 - 25.07.2017 8.0000 6.2500 8.0000 6.2500 -21.88%
Pratibha Patil 25.07.2007 - 25.07.2012 7.0000 8.0000 8.5000 4.2500 14.29%
Avul Jainulabdeen 25.07.2002 - 25.07.2007 5.7500 7.0000 7.0000 4.5000 21.74%
Kocheril Narayanan 25.07.1997 - 26.07.2002 7.0000 5.7500 14.5000 5.7500 -17.86%

Other money indicators in India

Index Updated Actual Previous
Bank Lending Rate Sep/23 10.1 % 10.1
Interbank Rate Oct/23 7.16 % 7.16
Money Supply M1 Jul/23 683.437 B USD 709.523
Central Bank Balance Sheet Aug/23 376.058 B USD 373.101
Foreign Direct Investment Jul/23 0.749 B USD -0.55

Interest Rate in other countries

Country Updated Actual Previous
Bangladesh Sep/23 6.5 % 6.5
Jordan Jul/23 7.5 % 7.25
Kyrgyzstan Aug/23 13 % 13
Mongolia Sep/23 13 % 13
Nepal Sep/23 7.5 % 7.5
Tajikistan Aug/23 10 % 10
Cambodia 0.5 0.92 % 0.83
China Oct/23 3.45 % 3.45
Georgia Sep/23 10 % 10.25
India Oct/23 6.5 % 6.5
Israel Sep/23 4.75 % 4.75
Pakistan Sep/23 22 % 22
South Korea Sep/23 3.5 % 3.5
Taiwan Sep/23 1.88 % 1.88
Vietnam Sep/23 4.5 % 4.5
Maldives Sep/23 7 % 7
Armenia Sep/23 9.75 % 9.75
Hong Kong Sep/23 5.75 % 5.75
Indonesia Sep/23 5.75 % 5.75
Japan Sep/23 -0.1 % -0.1
Kazakhstan Oct/23 16 % 16.5
Lebanon Aug/23 7.75 % 7.75
Macau Aug/23 5.75 % 5.75
Malaysia Sep/23 3 % 3
Philippines Sep/23 6.25 % 6.25
Qatar Aug/23 6.25 % 6.25
Singapore Oct/23 3.75 % 3.75
Sri Lanka Oct/23 10 % 11
Thailand Sep/23 2.5 % 2.25
Oman Aug/23 6 % 6
Iran Jan/23 18 % 18
Laos Sep/23 7.5 % 7.5
Azerbaijan Sep/23 9 % 9
Kuwait Aug/23 4.25 % 4.25
Saudi Arabia Aug/23 6 % 6
Bahrain Aug/23 6.25 % 6.25
United Arab Emirates Sep/23 5.4 % 5.4
Yemen May/22 27 % 27
Uzbekistan Sep/23 14 % 14
Iraq Jul/23 7.5 % 7.5
Bhutan Sep/23 6.85 % 6.88
Brunei Jul/23 5.5 % 5.5
Mauritius Sep/23 4.5 % 4.5