REUTERS - The Reserve Bank of India (RBI) unexpectedly kept the country's policy interest rate on hold on Wednesday, despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy.
The RBI had been widely expected to raise the repo rate on Wednesday, after lifting the country's main lending rate by 25 basis points each at its previous reviews in September and October. It instead opted to keep the country's main lending rate at 7.75 percent.
Here is a timeline on changes in the statutory liquidity ratio (SLR) since 1949.
RATE (PCT) EFFECTIVE DATE
23.00 11-08-2012
24.00 18-12-2010
25.00 07-11-2009
24.00 08-11-2008
25.00 25-10-1997
31.50 29-10-1994
33.75 17-09-1994
34.25 20-08-1994
34.75 16-10-1993
37.25 18-09-1993
37.50 21-08-1993
37.75 06-03-1993
38.00 06-02-1993
38.25 09-01-1993
38.50 29-02-1992
38.50 22-09-1990
38.00 02-01-1988
37.50 25-04-1987
37.00 06-07-1985
36.50 08-06-1985
36.00 01-09-1984
35.50 28-07-1984
35.00 30-10-1981
34.50 25-09-1981
34.00 01-12-1978
33.00 01-07-1974
32.00 08-12-1973
30.00 17-11-1972
29.00 04-08-1972
28.00 28-08-1970
27.00 24-04-1970
26.00 05-02-1970
25.00 16-09-1964
20.00 16-03-1949
(Compiled by Neha Dasgupta; Editing by Prateek Chatterjee)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
