CHRONOLOGY - Changes to Indian banks' cash reserve ratio
MUMBAI (Reuters) - The Reserve Bank of India said on Tuesday it was raising its cash reserve ratio (CRR), the amount of funds banks have to keep with it on deposit, by 50 basis points to 7.5 percent on Nov. 10.
It left its key interest rates unchanged.
This takes the total increase in the CRR since December to 250 basis points as it tries to cool credit growth and money supply.
The following is a chronology of changes in the cash reserve ratio. The data is sourced from the Reserve Bank of India's Web site www.rbi.org.in
For a chronology of changes in the repo rate, double-click on, reverse-repo rate, bank rate, statutory liquidity ratio.
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RATE (percent) EFFECTIVE DATE (day-month-year)
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7.50 10-11-2007
7.00 04-08-2007
6.50 28-04-2007
6.25 14-04-2007
6.00 03-03-2007
5.75 17-02-2007
5.50 08-12-2006
5.00 02-10-2004
4.75 18-09-2004
4.50 14-06-2003
4.75 16-11-2002
5.00 01-06-2002
5.50 29-12-2001
5.75 03-11-2001
7.50 19-05-2001
8.00 10-03-2001
8.25 24-02-2001
8.50 12-08-2000
8.25 29-07-2000
8.00 22-04-2000
8.50 08-04-2000
9.00 20-11-1999
9.50 06-11-1999
10.00 08-05-1999
10.50 13-03-1999
11.00 29-08-1998
10.00 11-04-1998
10.25 28-03-1998
10.50 17-01-1998
10.00 06-12-1997
9.50 22-11-1997
9.75 25-10-1997
10.00 18-01-1997
10.50 04-01-1997
11.00 09-11-1996
11.50 26-10-1996
12.00 06-07-1996
13.00 11-05-1996
13.50 27-04-1996
14.00 09-12-1995
14.50 11-11-1995
15.00 06-08-1994
14.75 09-07-1994
14.50 11-06-1994
14.00 15-05-1993
14.50 17-04-1993
15.00 08-10-1992
15.00 21-04-1992
15.00 11-01-1992
15.00 04-05-1991
15.00 01-07-1989
11.00 30-07-1988
10.50 02-07-1988
10.00 23-04-1988
10.00 24-10-1987
9.50 23-05-1987
9.50 28-02-1987
9.00 22-11-1986
9.00 26-10-1985
9.00 01-12-1984
9.00 27-10-1984
9.00 04-02-1984
8.50 12-11-1983
8.50 27-08-1983
8.00 29-07-1983
7.50 27-05-1983
7.00 11-06-1982
7.25 09-04-1982
7.75 29-01-1982
7.50 25-12-1981
7.25 27-11-1981
7.00 21-08-1981
6.50 31-07-1981
6.00 05-06-1979
6.00 01-07-1978
6.00 14-01-1977
6.00 13-11-1976
5.00 04-09-1976
4.00 28-12-1974
4.50 14-12-1974
5.00 01-07-1974
7.00 22-09-1973
6.00 08-09-1973
5.00 29-06-1973
3.00 16-09-1962
5% of DL & 2% of TL 11-11-1960
5% of DL & 2% of TL** 06-05-1960
5% of DL & 2% of TL** 06-03-1960
5% of DL & 2% of TL 05-07-1935
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** DL=Demand liabilities, TL=Time liabilities




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