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

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

 

REVERSE REPO RATE w.e.f.    
(Since 2005) %  
29-Apr-2005 5.00  
26-Oct-2005 5.25  
24-Jan-2006 5.50  
8-Jun-2006 5.75  
25-Jul-2006 6.00  
8-Dec-2008 5.00 RBI announced on 6/12/2008
5-Jan-2009 4.00 RBI circular dated 2/01/2009
5-March-2009 3.50 RBI circular dated 4/03/2009
21-Apr-2009 3.25 RBI circular dated 21/04/2009
19-March-2010 3.50

RBI circular dated 19/03/2010

20-Apr-2010 3.75 RBI circular dated 20/04/2010
02-July-2010 4.00 RBI circular dated 02/07/2010
   
   
 

What is Reverse Repo rate?

Reverse Repo rate is the rate at which banks park their short-term excess liquidity with the RBI.  The RBI uses this tool when it feels there is too much money floating in the banking system.  An increase in the reverse repo rate  means that the RBI will borrow money from the banks at a higher rate  of interest. As a result, banks would prefer to keep their money with the RBI.

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

 

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