......our answer to all your banking needs

Chronology of Repo Rate in India (History of Repo Rates)

History of Repo Rates in India / Historical Rates of Repo Rates in India

REPO RATE w.e.f.
(Since 2005)	%
26-Oct-2005	6.25
24-Jan-2006	6.50
8-Jun-2006	6.75
25-Jul-2006	7.00
30-Oct-2006	7.25
31-Jan-2007	7.50
30-Mar-2007	7.75
12-Jun-2008	8.00	RBI circular dated 11/6/2008
25-Jun-2008	8.50	RBI circular dated 24/06/2008
30-Jul-2008	9.00	RBI circular dated 29/07/2008
20-Oct-2008	8.00	RBI circular dated 20/10/2008
3-Nov-2008	7.50	RBI circular dated 3/11/2008
8-Dec-2008	6.50	RBI circular dated 6/12/2008
5-Jan-2009	5.50	RBI circular dated 2/01/2009
5-March-2009	5.00	RBI circular dated 4/03/2009
21-April-2009	4.75	RBI circular dated 21/04/2009
19-March-2010	5.00	RBI circular dated 19/03/2010
20-Apr-2010	5.25	RBI circular dated 20/04/2010
02-July-2010	5.50	RBI circular dated 02/07/2010

What is Repo rate?

Repo (Repurchase) rate is the rate at which the RBI lends shot-term money to the banks. When the repo rate increases borrowing from RBI becomes more expensive. Therefore, we can say that in case, RBI wants to make it more expensive for the banks to borrow money, it increases the repo rate; similarly, if it wants to make it cheaper for banks to borrow money, it reduces the repo rate.

Wants to Know More About : WHAT IS SLR? WHAT IS CRR? WHAT IS BANK RATE? WHAT IS REPO AND REVERSE REPO.click here

Chronology of Bank Rate in India / History of Bank Rate

Chronology of SLR Rates in India / History of Statutory Liquidity Ratio Rates in India

Chronology of CRR Rates in India / History of Cash Reserve Rates in India

Chronology of Repo Rates / History of Repo Rates in India

Chronology of Reverse Repo Rates in India / History of Reverse Repo Rates in India

Click Here to Know the Latest CRR Rates SLR Rate, Bank Rate, Repo and Reverse Repo Rates for Banks in India

Who's Online