TIMELINE: Changes to SLR for banks since 1949
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TIMELINE: Changes to SLR for banks since 1949

Last Updated: Wednesday, December 18, 2013, 12:59
 
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TIMELINE: Changes to SLR for banks since 1949
The Reserve Bank of India (RBI) unexpectedly kept the country`s policy interest rate on hold on Wednesday, despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy.

The RBI had been widely expected to raise the repo rate on Wednesday, after lifting the country`s main lending rate by 25 basis points each at its previous reviews in September and October. It instead opted to keep the country`s main lending rate at 7.75 percent.

Here is a timeline on changes in the statutory liquidity ratio (SLR) since 1949.

RATE (PCT) EFFECTIVE DATE

23.00 11-08-2012

24.00 18-12-2010

25.00 07-11-2009

24.00 08-11-2008

25.00 25-10-1997

31.50 29-10-1994

33.75 17-09-1994

34.25 20-08-1994

34.75 16-10-1993

37.25 18-09-1993

37.50 21-08-1993

37.75 06-03-1993

38.00 06-02-1993

38.25 09-01-1993

38.50 29-02-1992

38.50 22-09-1990

38.00 02-01-1988

37.50 25-04-1987

37.00 06-07-1985

36.50 08-06-1985

36.00 01-09-1984

35.50 28-07-1984

35.00 30-10-1981

34.50 25-09-1981

34.00 01-12-1978

33.00 01-07-1974

32.00 08-12-1973

30.00 17-11-1972

29.00 04-08-1972

28.00 28-08-1970

27.00 24-04-1970

26.00 05-02-1970

25.00 16-09-1964

20.00 16-03-1949



Reuters

First Published: Wednesday, December 18, 2013, 12:57


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