Central Bank RatesIndia policy rate in 2022 (5 changes)
Start of year4.00%
End of year6.25%Dec 31, 2022
Net change+225 bp5 hikes, 0 cuts
Average4.916%
Rank by level13 / 38
Changes in 2022
| Date | From | To | Change |
|---|---|---|---|
| May 4, 2022 | 4.00% | 4.40% | hike +40 bp |
| Jun 8, 2022 | 4.40% | 4.90% | hike +50 bp |
| Aug 5, 2022 | 4.90% | 5.40% | hike +50 bp |
| Sep 30, 2022 | 5.40% | 5.90% | hike +50 bp |
| Dec 7, 2022 | 5.90% | 6.25% | hike +35 bp |
Compared with other areas at the end of 2022
13.75%
13%
12%
11.25%
10.5%
9%
7.5%
7.5%
7%
7%
6.75%
6.75%
6.25%
6%
5.5%
5.5%
5%
5%
4.75%
4.75%
4.375%
4.25%
4.25%
3.65%
3.5%
3.5%
3.25%
3.25%
3.1%
2.75%
2.75%
2.5%
2.5%
2.5%
1.75%
1.25%
1%
-0.1%
Year-end rate over time
5.25%
5.25%
6.5%
6.5%
6.25%
4%
4%
5.15%
6.5%
6%
6.25%
6.75%
8%
7.75%
8%
8.5%
6.25%
4.75%
6.5%
7.75%
7.25%
6.25%
6%
7%
7.5%
8.5%
8%
2022: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.