Interest rate decision · India
India Cash Reserve Ratio
The India Cash Reserve Ratio is the Reserve Bank of India's announcement of its main policy rate, the repo rate. It is the price of money in India: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
- महत्व
- Low
- जारी
- Quarterly
- अगली रिलीज़
- मुद्रा
- INR · Indian rupee
- केंद्रीय बैंक
- The Reserve Bank of India
नवीनतम आँकड़े
नवीनतम रिलीज़ 2026-10-07 को प्रकाशित हुई और 3% रही। यह 3% की आम सहमति के अनुरूप है। यह पिछली बार के 3% से अपरिवर्तित है।
अनुमान के अनुरूप नतीजा आमतौर पर कम प्रतिक्रिया देता है: यह पहले से कीमत में शामिल था।
पिछली 11 रिलीज़ में यह 3% से 4% के बीच रहा, औसत 3.3%।
| जारी | अवधि | वास्तविक | अनुमान | पिछला |
|---|---|---|---|---|
| 7 Oct 2026 | – | 3% | 3% | 3% |
| 5 Aug 2026 | – | 3% | 3.0% | 3% |
| 5 Jun 2026 | – | 3% | 3% | 3% |
| 8 Apr 2026 | – | 3% | – | 3% |
| 6 Feb 2026 | – | 3% | 3% | 3% |
| 5 Dec 2025 | – | 3% | 3% | 3% |
| 1 Oct 2025 | – | 3.75% | 3.75% | 3.75% |
| 6 Aug 2025 | – | 4% | 4% | 4% |
| 6 Jun 2025 | – | 3% | – | 4% |
| 9 Apr 2025 | – | 4% | 4% | 4% |
| 7 Feb 2025 | – | 4% | 4% | 4% |
यह क्यों मायने रखता है
No release moves markets more directly. The rate decides what holding the Indian rupee pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.
गणना कैसे होती है
There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.
Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gapबदलावों का अर्थ
- Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
- Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
- Look at the vote split: dissents in one direction often foreshadow the next move.
- A hike or hawkish hold usually lifts the Indian rupee and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.
उम्मीद से ज़्यादा: A higher rate than expected (or a hawkish surprise) usually lifts the Indian rupee and bond yields and weighs on stocks.
उम्मीद से कम: A lower rate than expected usually weakens the Indian rupee, lowers bond yields and supports stocks.
संक्षिप्त इतिहास
Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.
प्रश्न
What is the India Cash Reserve Ratio?
The India Cash Reserve Ratio is the Reserve Bank of India's announcement of its main policy rate, the repo rate. It is the price of money in India: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
What was the latest India Cash Reserve Ratio?
3%, published on 7 October 2026 (consensus 3%, previous 3%).
When is the next India Cash Reserve Ratio?
On Friday 4 December 2026 at 04:30 UTC.
When is the India Cash Reserve Ratio announced?
On the dates of the Reserve Bank of India's scheduled policy meetings, published a year in advance; the calendar above shows the next one.
Why do markets move before the decision?
Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.
केवल शैक्षिक सामग्री, निवेश सलाह नहीं। आँकड़े हमारे कैलेंडर में दर्ज प्रकाशित नतीजे हैं; बताई गई बाज़ार प्रतिक्रियाएँ सामान्य हैं, गारंटीशुदा नहीं।