Monday, May 16, 2011

REVERSE REPO Rate - History

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-Mar-2009        3.50        RBI circular dated 4/03/2009


21-Apr-2009        3.25        RBI circular dated 21/04/2009


19-Mar-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


27-July-2010        4.50        RBI circular dated 27/07/2010


16-Sept-2010       5.00       RBI circular dated 16/09/2010


02-Nov-2010       5.25       RBI circular dated 02/11/2010


25-Jan-2011        5.50        RBI circular dated 25/01/2011


17-Mar-2011       5.75       RBI circular dated 17/03/2011


03-May-2011       6.25*       RBI circular dated 03/05/2011*


*[Till 03/05/2011, reverse repo rate was an independent rate and announced by RBI. However, in the monetary policy announced on 03/05/2011, RBI has decided that now the reverse repo rate will not be announced separately, but will be linked to Repo rate. Reverse Repo rate will be 100 bps below the repo rate]



Courtesy: http://www.allbankingsolutions.com/Chronology-Reverse-Repo-Rate-India.HTM

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