RBI Policy Rates & Updates

Track official Reserve Bank of India lending rates and circulars.

Current RBI Policy Rates

Repo Rate6.50

Rate at which RBI lends money to commercial banks.

Reverse Repo Rate3.35

Rate at which RBI borrows money from banks.

Marginal Standing Facility (MSF)6.75

Rate for overnight emergency borrowings.

Bank Rate6.75

Long-term rate charged to commercial bank loans.

Cash Reserve Ratio (CRR)4.50

Share of deposits banks must keep with RBI.

Statutory Liquidity Ratio (SLR)18.00

Share of deposits banks must hold in gold/govt securities.

RBI News & Circulars

July 8, 2026

RBI keeps policy repo rate unchanged at 6.50% in latest meet

The Monetary Policy Committee (MPC) has voted to keep the policy repo rate unchanged at 6.50% to align inflation targets.

July 5, 2026

Lending interest rates projected to stabilize towards Q3

Economists predict bank home and vehicle lending interest rates will remain stable following constant repository updates.

July 2, 2026

RBI introduces new security standards for local UPI payments

New guidelines require offline local UPI apps to enhance device-side authentication layers for transaction checks.

Got Questions?

Frequently Asked Questions

Everything you need to know about using this tool securely and efficiently.

Repo Rate is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks in case of a shortage of funds. It is a key tool used to control inflation.
If the RBI increases the Repo Rate, borrowing becomes expensive for banks, leading them to raise interest rates on retail loans like home and car loans, resulting in higher EMIs.
CRR is the percentage of a bank's total deposits that it must keep as liquid cash vault reserves with the RBI. No interest is paid on these cash reserves.
SLR is the percentage of deposits that commercial banks must maintain in safe, liquid assets like gold, cash, or government-approved securities before lending to customers.
MSF is a window for banks to borrow overnight funds from the RBI in emergency liquidity situations by pledging government securities at a higher rate than the Repo Rate.
Bank Rate is the rate charged by the RBI for lending long-term loans to commercial banks without collateral. It is usually higher than the Repo Rate.
The RBI Monetary Policy Committee (MPC) meets bi-monthly (every two months) to review economic status, inflation, and decide whether to alter policy rates.
Reverse Repo Rate is the interest rate commercial banks receive when they deposit their excess funds with the RBI. It is lower than the Repo Rate.

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