Central Bank RatesIndia policy rate in 2013 (5 changes)
Start of year8.00%
End of year7.75%Dec 31, 2013
Net change-25 bp2 hikes, 3 cuts
Average7.519%
Rank by level3 / 38
Changes in 2013
| Date | From | To | Change |
|---|---|---|---|
| Jan 29, 2013 | 8.00% | 7.75% | cut -25 bp |
| Mar 19, 2013 | 7.75% | 7.50% | cut -25 bp |
| May 3, 2013 | 7.50% | 7.25% | cut -25 bp |
| Sep 20, 2013 | 7.25% | 7.50% | hike +25 bp |
| Oct 29, 2013 | 7.50% | 7.75% | hike +25 bp |
Compared with other areas at the end of 2013
10%
9.5%
7.75%
7.5%
6%
5.5%
5.375%
5%
4.5%
4.5%
4%
4%
3.5%
3.5%
3.25%
3.25%
3%
3%
3%
2.5%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
1%
1%
0.75%
0.5%
0.5%
0.25%
0.125%
0.125%
0.05%
0.05%
-0.1%
Year-end rate over time
5.25%
5.25%
6.5%
6.5%
6.25%
4%
4%
5.15%
6.5%
6%
6.25%
6.75%
8%
7.75%
8%
8.5%
6.25%
4.75%
6.5%
7.75%
7.25%
6.25%
6%
7%
7.5%
8.5%
8%
2013: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.