FX.co ★ India Keeps Reverse Repo Rate Steady at 3.35% Amid Policy Continuity

India’s reverse repurchase (reverse repo) rate remains unchanged at 3.35%, according to the latest data updated on 8 April 2026. The indicator, which stood at 3.35% previously, has been kept at the same level, signaling a continuation of the current monetary policy stance with respect to this particular tool.

The reverse repo rate is a key short-term policy instrument used by the Reserve Bank of India (RBI) to absorb surplus liquidity from the banking system, as it represents the rate at which the central bank borrows funds from commercial banks. By holding the reverse repo rate steady, policymakers are maintaining existing liquidity management conditions, neither tightening nor easing this channel of monetary operations at this time.

With the rate unchanged from its prior reading, markets and financial institutions are likely to interpret the move as a sign of stability in this segment of India’s policy framework, while awaiting further signals from the RBI’s broader interest rate and liquidity decisions in the coming months.