Repo rate · 2023

RBI repo rate in 2023

1 MPC decision this year. Rate moved from 6.25% to 6.50% (+25 bps).

Year open
6.25%
Year close
6.50%
Net move
+25 bps

MPC decisions in 2023

  1. 8 Feb 2023
    6.50%+25 bps
    EMI impact (₹1L · 20y)
    ₹65 higher

    Final hike of the post-pandemic tightening cycle. Held at 6.50% for ~24 months.

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