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 5.28 per cent in September 2026, compared to 5.27 in August 2026.
Sample. This monthly time series has 179 observations in total. The series covers the span of time stretching from November 2011 to September 2026.
History. Here's a peek at a few summary statistics we computed on the whole sample: the interest rate hit a trough of 3.06 per cent in November 2020; it attained a maximum of 11.33 per cent in August 2013; it was equal on average to 6.39 per cent.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 5.32000 |
| 2026-08-31 | 5.27000 |
| 2026-09-30 | 5.28000 |
Heads-up. Our metadata often contain references to the original sources of the data series we publish. You can use these references to discover more details.
Not for investment purposes. Time series and other data published on FetchSeries are not intended for investment purposes or as a basis for financial-decision making. Users should consult expert advice and perform their own independent due diligence before pledging money to any investment.
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.