TIMELINE-Changes to India's repo rate since June 2000

Kitco Media
By Reuters
Published:
Updated:
Reuters
MUMBAI, Feb 8 (Reuters) - The Reserve Bank of India raised its key policy repo rate by an expected 25 basis points on Wednesday, but it surprised markets by leaving the door open to more tightening, saying core inflation remained high. The monetary policy committee raised the key lending rate, or repo rate, to 6.50%. The standing deposit facility rate and the marginal standing facility rate were also adjusted higher by the same margin. For a timeline of changes to the standing deposit facility rate, click here. Below is a timeline of changes to India's repo rate since June 2000.
*RATE (%) EFFECTIVE DATE 6.50 08-02-2023 6.25 07-12-2022 5.90 30-09-2022 5.40 05-08-2022 4.90 08-06-2022 4.40 04-05-2022 4.00 22-05-2020 4.40 27-03-2020 5.15 06-02-2020 5.15 05-12-2019 5.15 04-10-2019 5.40 07-08-2019 5.75 06-06-2019 6.00 04-04-2019 6.25 07-02-2019 6.50 01-08-2018 6.25 06-06-2018 6.00 02-08-2017 6.25 04-10-2016 6.50 05-04-2016 6.75 29-09-2015 7.25 02-06-2015 7.50 04-03-2015 7.75 15-01-2015 8.00 28-01-2014 7.75 29-10-2013 7.50 20-09-2013 7.25 03-05-2013 7.50 19-03-2013 7.75 29-01-2013 8.00 17-04-2012 8.50 25-10-2011 8.25 16-09-2011 8.00 26-07-2011 7.50 16-06-2011 7.25 03-05-2011 6.75 17-03-2011 6.50 25-01-2011 6.25 02-11-2010 6.00 16-09-2010 5.75 27-07-2010 5.50 02-07-2010 5.25 20-04-2010 5.00 19-03-2010 4.75 21-04-2009 5.00 04-03-2009 5.50 02-01-2009 6.50 08-12-2008 7.50 03-11-2008 8.00 20-10-2008 9.00 29-07-2008 8.50 24-06-2008 8.00 11-06-2008 7.75 30-03-2007 7.50 31-01-2007 7.25 30-10-2006 7.00 25-07-2006 6.75 08-06-2006 6.50 24-01-2006 6.25 26-10-2005 6.00 31-03-2004 7.00 19-03-2003 7.10 07-03-2003 7.50 12-11-2002 8.00 28-03-2002 8.50 07-06-2001 8.75 30-04-2001 9.00 09-03-2001
10.00 06-11-2000
10.25 13-10-2000
13.50 06-09-2000
15.00 30-08-2000
16.00 09-08-2000
10.00 21-07-2000 9.00 13-07-2000
12.25 28-06-2000
12.60 27-06-2000
13.05 23-06-2000
13.00 22-06-2000
13.50 21-06-2000
14.00 20-06-2000
13.50 19-06-2000
10.85 14-06-2000 9.55 13-06-2000 9.25 12-06-2000 9.05 09-06-2000 9.00 07-06-2000 9.05 05-06-2000 * Note: Prior to Oct. 29, 2004, the repo rate was known as the reverse repo rate. For further details, please see central bank's website: ( ) (Reporting by Bhakti Tambe)

bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))
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