India Treasury Bill 91 Day Yield increased to 3.40 percent on Friday May 28 from 3.38 percent in the previous day. source: Reserve Bank of India

Interbank Rate in India averaged 7.20 percent from 1993 until 2021, reaching an all time high of 12.97 percent in July of 1995 and a record low of 2.93 percent in November of 2020. This page provides - India Treasury Bill Yield - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Treasury Bill 91 Day Yield - values, historical data and charts - was last updated on June of 2021.

Interbank Rate in India is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in India to stand at 3.65 in 12 months time. In the long-term, the India Treasury Bill 91 Day Yield is projected to trend around 3.90 percent in 2022 and 4.65 percent in 2023, according to our econometric models.

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India Treasury Bill 91 Day Yield

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.38 12.97 2.93 1993 - 2021 percent Daily

India Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 14.50 4.00 percent [+]
Cash Reserve Ratio 4.00 3.50 10.50 3.00 percent [+]
Money Supply M1 47893.63 46042.95 47893.63 80.15 INR Billion [+]
Interbank Rate 3.40 3.38 12.97 2.93 percent [+]
Money Supply M2 48513.34 49403.26 49403.26 1127.49 INR Billion [+]
Money Supply M3 189612.28 189073.83 189612.28 123.52 INR Billion [+]
Foreign Exchange Reserves 598165.00 592894.00 598165.00 29048.00 USD Million [+]
Central Bank Balance Sheet 29664.82 28483.67 29664.82 1624.31 INR Billion [+]
Loan Growth 6.00 6.00 18.70 4.10 percent [+]
Reverse Repo Rate 3.35 3.35 13.50 3.25 percent [+]


India Treasury Bill 91 Day Yield
In India, the interbank rate is the rate of interest charged on short-term loans made between banks..