Changes to RBI's reverse repo rate since 2001

Reserve Bank of India cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest.

Here is a timeline of changes to the reverse repo rate since February 2001.

RATE (per cent)	EFFECTIVE DATE (day-month-year)
6.25	02-06-2015
6.50	04-03-2015
6.75	15-01-2015
7.00	28-01-2014
6.75	29-10-2013
6.50	20-09-2013
6.25	03-05-2013
6.50	19-03-2013
6.75	29-01-2013
7.00	17-04-2012
7.50	25-11-2011
7.25	16-09-2011
7.00	26-07-2011
6.50	16-06-2011
6.25	03-05-2011
5.75	17-03-2011
5.50	25-01-2011
5.25	02-11-2010
5.00	16-09-2010
4.50	27-07-2010
4.00	02-07-2010
3.75	20-04-2010
3.50	19-03-2010
3.25	21-04-2009
3.50	04-03-2009
4.00	02-01-2009
5.00	08-12-2008
6.00	25-07-2006
5.75	08-06-2006
5.50	24-01-2006
5.25	26-10-2005
5.00	29-04-2005
4.75	27-10-2004
4.50	25-08-2003
5.00	03-03-2003
5.50	30-10-2002
5.75	27-06-2002
6.00	05-03-2002
6.50	28-05-2001
6.75	27-04-2001
7.00	02-03-2001
7.50	20-02-2001

Note: Prior to October 29, 2004, the reverse repo rate was known as the repo rate. For further details, please see www.rbi.org.in

Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Recommended by Rediff.com