Repo Rate Remains Unchanged At 6.50%, Here's A Look At The Repo Rate Hike By RBI In Last 3 Years

Repo Rate Hike in 2023

The recent RBI MPC took place from February 6-8, 2023 in which the following decision was taken

• Increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.50% with immediate effect.

Repo Rate Hike in 2022

The RBI MPC took place from December 5-7, 2022 in which the following decision was taken

• Increase the policy repo rate under the liquidity adjustment facility (LAF) by 35 basis points to 6.25% with immediate effect.

The RBI MPC took place from September 28-30, 2022 in which the following decision was taken

• Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.90% with immediate effect.

The RBI MPC took place from August 3-5, 2022 in which the following decision was taken

• Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40% with immediate effect.

The RBI MPC took place from June 6-8, 2022 in which the following decision was taken

• Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90% with immediate effect.

The RBI MPC took place from May 2-4, 2022 in which the following decision was taken

• Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40% with immediate effect.

Repo Rate Hike in 2021

In 2021, RBI kept the repo rate unchanged at 4%

The RBI MPC took place from Dec 6-8, 2021 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from Oct 6-8, 2021 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from Aug 4-6, 2021 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from Jun 2-4, 2021 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from Apr 5-7, 2021 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from Feb 3-5, 2021 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

Repo Rate Hike in 2020

The RBI MPC took place from Dec 2-4, 2020 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from Oct 7-9, 2020 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from Aug 4-6, 2020 in which the following decision was taken

• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0%.

The RBI MPC took place from May 20-22, 2020 in which the following decision was taken

• reduce the policy repo rate under the liquidity adjustment facility (LAF) by 40 bps to 4.0% from 4.40% with immediate effect

• accordingly, the marginal standing facility (MSF) rate and the Bank Rate stand reduced to 4.25% from 4.65%

• the reverse repo rate under the LAF stands reduced to 3.35% from 3.75%.

The RBI MPC took place from March 24, 26 and 27, 2020 in which the following decision was taken

• reduce the policy repo rate under the liquidity adjustment facility (LAF) by 75 basis points to 4.40% from 5.15% with immediate effect

• the marginal standing facility (MSF) rate and the Bank Rate stand reduced to 4.65% from 5.40%

• the reverse repo rate under the LAF stands reduced by 90 basis points to 4.0%.