Chronology - Histroy of Reverse Repo Rates in India

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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.	Rate	RBI Reference details
(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
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-January-2011	5.50	RBI circular dated 25/01/2011
17-March-2011	5.75	RBI circular dated 17/03/2011
03-May-2011	6.25*	RBI circular dated 03/05/2011*
16-June-2011	6.50*	RBI circular dated 16/062011*
26-July-2011	7.00*	RBI circular dated 26/072011*
16-September-2011	7.25*	RBI circular dated 16/092011*
25 October-2011	7.50*	RBI circular dated 25/10/2011
17-April-2012	7.00*	RBI circular dated 17/04/2012
29-January-2013	6.75	RBI circular dated 29/01/2013
19-March-2013	6.50	RBI circular dated 19/03/2013
03-May-2013	6.25	RBI circular dated 03/05/2013
20-September-2013	6.50	RBI circular dated 20/09/2013
29-October-2013	6.75	RBI circular dated 29/10/2013
28-January-2014	7.00	RBI circular dated 28/01/2014
15-January-2015	6.75	RBI circular dated 15/01/2015
04 - March- 2015	6.50	RBI circular dated 04/03/2015
02 - June- 2015	6.25	RBI circular dated 02/06/2015

*[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]

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.

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→ Current / Latest Rates of CRR, SLR, Bank Rate, Repo and Reverse Repo Rates As per RBI in India

→Chronology of Marginal Standing Facility / History of Marginal Standing Facility

→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