As RBI keeps repo rate unchanged, here's a timeline of it since June 2000

The standing deposit facility rate and the marginal standing facility rate also remained unchanged

Reserve Bank of India, RBI
Reserve Bank of India
Reuters MUMBAI
2 min read Last Updated : Apr 06 2023 | 12:03 PM IST

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MUMBAI (Reuters) - The Reserve Bank of India surprised markets by holding its key repo rate steady on Thursday after six consecutive hikes, saying it was closely monitoring the impact of recent global financial turbulence.

The monetary policy committee kept the key lending rate, or repo rate, unchanged at 6.50%.

The standing deposit facility rate and the marginal standing facility rate also remained unchanged.

For a timeline of changes to the standing deposit facility rate, click here.

Here is a timeline of changes to India's repo rate since June 2000.

*RATE (%) EFFECTIVE DATE

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6.50% 06-04-2023

6.50 08-02-2023

6.25 07-12-2022

5.90 30-09-2022

5.4005-08-2022

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 the central bank's website: (www.rbi.org.in)

 

(Reporting by Bhakti Tambe; Editing by Savio D'Souza)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :RBIrepo rateRBI repo rate

First Published: Apr 06 2023 | 12:03 PM IST

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