India Interbank Rate

Interbank Rate in India decreased to 7.56 percent in April of 2013 from 8.19 percent in March of 2013. Interbank Rate in India is reported by the Reserve Bank of India. Historically, from 1993 until 2013, India Interbank Rate averaged 7.48 Percent reaching an all time high of 12.97 Percent in March of 1996 and a record low of 3.10 Percent in June of 2009. In India, the interbank rate is the rate of interest charged on short-term loans made between banks. This page includes a chart with historical data for India Interbank Rate.