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TIMELINE-Changes to India's repo rate since June 2000
October 4, 2016 / 12:21 PM / in a year

TIMELINE-Changes to India's repo rate since June 2000

MUMBAI, Oct 4 (Reuters) - India’s newly minted monetary policy committee delivered a surprise 25-basis-point cut in the repo rate on Tuesday to 6.25 percent, as Reserve Bank of India Governor Urjit Patel presided over his first policy review since his appointment last month.

The latest cut extends an easing cycle that began in January 2015 under Patel’s predecessor Raghuram Rajan.

Below is a timeline of changes to the repo rate since June 2000 as well as links to other timelines of RBI levers.

For other timelines see:

-- Timeline for reverse repo

-- Timeline for cash reserve ratio

-- Timeline for statutory liquidity ratio

* RATE (percent) EFFECTIVE DATE 6.25 04-10-2016 6.50 05-04-2016 6.75 29-09-2015 7.25 02-06-2015 7.50 04-03-2015 7.75 15-01-2015 8.00 28-01-2014 7.75 29-10-2013 7.50 20-09-2013 7.25 03-05-2013 7.50 19-03-2013 7.75 29-01-2013 8.00 17-04-2012 8.50 25-10-2011 8.25 16-09-2011 8.00 26-07-2011 7.50 16-06-2011 7.25 03-05-2011 6.75 17-03-2011 6.50 25-01-2011 6.25 02-11-2010 6.00 16-09-2010 5.75 27-07-2010 5.50 02-07-2010 5.25 20-04-2010 5.00 19-03-2010 4.75 21-04-2009 5.00 04-03-2009 5.50 02-01-2009 6.50 08-12-2008 7.50 03-11-2008 8.00 20-10-2008 9.00 29-07-2008 8.50 24-06-2008 8.00 11-06-2008 7.75 30-03-2007 7.50 31-01-2007 7.25 30-10-2006 7.00 25-07-2006 6.75 08-06-2006 6.50 24-01-2006 6.25 26-10-2005 6.00 31-03-2004 7.00 19-03-2003 7.10 07-03-2003 7.50 12-11-2002 8.00 28-03-2002 8.50 07-06-2001 8.75 30-04-2001 9.00 09-03-2001 10.00 06-11-2000 10.25 13-10-2000 13.50 06-09-2000 15.00 30-08-2000 16.00 09-08-2000 10.00 21-07-2000 9.00 13-07-2000 12.25 28-06-2000 12.60 27-06-2000 13.05 23-06-2000 13.00 22-06-2000 13.50 21-06-2000 14.00 20-06-2000 13.50 19-06-2000 10.85 14-06-2000 9.55 13-06-2000 9.25 12-06-2000 9.05 09-06-2000 9.00 07-06-2000 9.05 05-06-2000

* Note: Prior to Oct. 29, 2004, the repo rate was known as the reverse repo rate. For further details, please see central bank’s website: (www.rbi.org.in) (Reporting by Suvashree Dey Choudhury; Editing by Rafael Nam)

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