Repo rate · 2019
RBI repo rate in 2019
5 MPC decisions this year. Rate moved from 6.50% to 5.15% (-135 bps).
Year open
6.50%
Year close
5.15%
Net move
-135 bps
MPC decisions in 2019
- 4 Oct 20195.15%-25 bpsEMI impact (₹1L · 20y)₹65 lower
Slowing GDP growth; pre-COVID easing cycle.
- 7 Aug 20195.40%-35 bpsEMI impact (₹1L · 20y)₹91 lower
Unusual 35 bps cut signalling stronger easing intent.
- 6 Jun 20195.75%-25 bpsEMI impact (₹1L · 20y)₹65 lower
- 4 Apr 20196.00%-25 bpsEMI impact (₹1L · 20y)₹65 lower
- 7 Feb 20196.25%-25 bpsEMI impact (₹1L · 20y)₹65 lower
Start of the 2019-20 easing cycle.