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RBI Plocy Rates : CRR, SLR, Repo Rate & Reverse Repo Rate

What is CRR (Cash Reserve Ratio) & history of CRR changes from year 1992.
Last changed 4.00% on 29/01/2013 w.e.f.09/02/2013

What is SLR (Statutory Liquidity Ratio) & history of SLR changes from year 1949
Last changed 21.50% w.e.f. 07/02/2015 announced on 03.02.15

What is Reverse Repo rate & history of Reverse Repo rate changes from year 2001
Last changed 5.75% on 02/08/2017

What is Repo rate & history of Repo rate changes from year 2002
Last changed 6.00% on 02/08/2017

CRR - The Cash Reserve Ratio Cash reserve Ratio (CRR) is the amount of Cash(liquid cash like gold) that the banks have to keep with RBI. This Ratio is basically to secure solvency of the bank and to drain out the excessive money from the banks. If RBI decides to increase the percent of this, the available amount with the banks comes down and if RBI reduce the CRR then available amount with Banks increased and they are able to lend more.CRR is governed by the provisions of Section 42 of the Reserve Bank of India Act, 1934.

Date	Rate
09/02/2013	4.00
30/10/2012	4.25
10/03/2012	4.75
28/01/2012	5.5
24/04/2010	6
27/02/2010	5.75
13/02/2010	5.5
17/01/2009	5
08/11/2008	5.5
01/11/2008	6
15/10/2008	6.5
11/10/2008	7.5
30/08/2008	9
19/07/2008	8.75
05/07/2008	8.5
24/05/2008	8.25
10/05/2008	8
26/04/2008	7.75
10/11/2007	7.5
04/08/2007	7
28/04/2007	6.5
14/04/2007	6.25
03/03/2007	6
17/02/2007	5.75
08/12/2006	5.5
02/10/2004	5
18/09/2004	4.75
14/06/2003	4.5
16/11/2002	4.75
01/06/2002	5
29/12/2001	5.5
03/11/2001	5.75
19/05/2001	7.5

Date	Rate
10/03/2001	8
24/02/2001	8.25
12/08/2000	8.5
29/07/2000	8.25
22/04/2000	8
08/04/2000	8.5
20/11/1999	9
06/11/1999	9.5
08/05/1999	10
13/03/1999	10.5
29/08/1998	11
11/04/1998	10
28/03/1998	10.2
17/01/1998	10.5
06/12/1997	10
22/11/1997	9.5
25/10/1997	9.75
18/ 01/ 1997	10
04/ 01/ 1997	10.5
09/ 11/ 1996	11
26/ 10/ 1996	11.5
06/ 07/ 1996	12
11/ 05/ 1996	13
27/ 04/ 1996	13.5
09/ 12/ 1995	14
11/ 11/ 1995	14.5
06/ 08/ 1994	15
09/ 07/ 1994	14.7
11/ 06/ 1994	14.5
15/ 05/ 1993	14
17/ 04/ 1993	14.5
08/ 10/ 1992	15

Reverse Repo Rate is the rate which is paid by RBI to banks on Deposit of funds with RBI.A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from RBI becomes more expensive.To borrow from RBi bank have to submit liquid bonds /Govt Bonds as collateral security,so this facility is a short term gap filling facility and bank does not use this facility to Lend more to their customers.

Date	Rate
06/06/2018	6.00
02/08/2017	5.75
06/04/2017	6.00
04/10/2016	5.75
05/04/2016	6.00
29/09/2015	5.75
02/06/2015	6.25
04/03/2015	6.50
15/01/2015	6.75
28/01/2014	7.00
29/10/2013	6.75
20/09/2013	6.50
03/05/2013	6.25
19/03/2013	6.50
29/01/2013	6.75
17/04/2012	7
25/11/2011	7.5
16/09/2011	7.25
26/07/2011	7
16/06/2011	6.5
03/05/2011	6.25
17/03/2011	5.75
25/01/2011	5.5
02/11/2010	5.25
16/09/2010	5
27/07/2010	4.5
02/07/2010	4
20/04/2010	3.75
19/03/2010	3.5
21/04/2009	3.25
04/03/2009	3.5
02/01/2009	4

Date	Rate
08/12/2008	5
25/07/2006	6
08/06/2006	5.75
24/01/2006	5.5
26/10/2005	5.25
29/04/2005	5
27/10/2004	4.75
25/08/2003	4.5
03/03/2003	5
30/10/2002	5.5
27/06/2002	5.75
05/03/2002	6
28/05/2001	6.5
27/04/2001	6.75
02/03/2001	7
20/02/2001	7.5

SLR - Statutory Liquidity Ratio SLR is that proportion of a bank's Net Demand and Time Liabilities (NDTL) that it has to maintain as investments in certain specified assets. SLR is governed by the provisions of Section 24 of the Banking Regulation Act.There is no minimum stipulation on SLR (earlier there used to be a minimum stipulated SLR of 25% - but this was removed with an amendment to the Banking Regulation Act in 2007). However, SLR can not exceed 40%.

Date	Rate
07/06/2017	20.50
22/07/2016	21
07/02/2015	21.5
09/08/2012	22
14/06/2012	22.5
11/08/2012	23
18/12/2010	24
07/11/2009	25
08/11/2008	24
25/10/1997	25
29/10/1994	31.5
17/09/1994	33.75
20/08/1994	34.25
16/10/1993	34.75
18/09/1993	37.25
21/08/1993	37.5
06/03/1993	37.75
06/02/1993	38
09/01/1993	38.25
29/02/1992	38.5
22/09/1990	38.5
02/01/1988	38

Date	Rate
25/04/1987	37.5
06/07/1985	37
08/06/1985	36.5
01/09/1984	36
28/07/1984	35.5
30/10/1981	35
25/09/1981	34.5
01/12/1978	34
01/07/1974	33
08/12/1973	32
17/11/1972	30
04/08/1972	29
28/08/1970	28
24/04/1970	27
05/02/1970	26
16/09/1964	25
16/03/1949	20

Repo Rate The rate at which the RBI lends money to commercial banks is called repo rate. It is an instrument of monetary policy. Whenever banks have any shortage of funds they can borrow from the RBI

Date	Rate
02/08/2017	6.25
02/08/2017	6.00
04/10/2016	6.25
05/04/2016	6.50
29/09/2015	6.75
02/06/2015	7.25
04/03/2015	7.50
15/01/2015	7.75
28/01/2014	8.00
29/10/2013	7.75
20/09/2013	7.50
03/05/2013	7.25
19/03/2013	7.50
29/01/2013	7.75
17/04/2012	8
25/10/2011	8.5
16/09/2011	8.25
26/07/2011	8
16/06/2011	7.50
03/05/2011	7.25
17/03/2011	6.75
25/01/2011	6.50
02/11/2010	6.25
16/09/2010	6.00
27/07/2010	5.75
02/07/2010	5.50
20/04/2010	5.25
19/03/2010	5.00
21/04/2009	4.75
04/03/2009	5.00
02/01/2009	5.50
08/12/2008	6.50
03/11/2008	7.50
20/10/2008	8.00
29/07/2008	9.00
24/06/2008	8.50
11/06/2008	8.00
30/03/2007	7.75
31/01/2007	7.50
30/10/2006	7.25
25/07/2006	7.00
08/06/2006	6.75
24/01/2006	6.50

Date	Rate
26/10/2005	6.25
31/03/2004	6.00
19/03/2003	7.00
07/03/2003	7.10
12/11/2002	7.50
28/03/2002	8.00
07/06/2001	8.50
30/04/2001	8.75
09/03/2001	9.00
06/11/2000	10.00
13/10/2000	10.25
06/09/2000	13.50
30/08/2000	15.00
09/08/2000	16.00
21/07/2000	10.00
13/07/2000	9.00
28/06/2000	12.25
27/06/2000	12.60
23/06/2000	13.05
22/06/2000	13.00
21/06/2000	13.50
20/06/2000	14.00
19/06/2000	13.50
14/06/2000	10.85
13/06/2000	9.55
12/06/2000	9.25
09/06/2000	9.05
07/06/2000	9.00
05/06/2000	9.05

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