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India policy rate in 2020 (2 changes)

Start of year5.15%
End of year4.00%Dec 31, 2020
Net change-115 bp0 hikes, 2 cuts
Average4.326%
Rank by level4 / 38
India policy rate 20205.15%4%4%JanJulDec

Changes in 2020

DateFromToChange
Mar 27, 20205.15%4.40%cut -75 bp
May 22, 20204.40%4.00%cut -40 bp

Compared with other areas at the end of 2020

Year-end rate over time

← 20192022 →

2020: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.