The monetary policy committee raised the key lending rate or repo rate to 6.25%.

The standing deposit facility rate and the marginal standing facility rate were also adjusted higher by the same margin.

The reverse repo rate remained unchanged at 3.35%.

Below is a timeline of changes to India's standing deposit facility rate since April 2022.

*RATE (%) EFFECTIVE DATE

6.00 07-12-2022

5.65 30-09-2022

5.15 05-08-2022

4.65 08-06-2022

4.15 04-05-2022

3.75 08-04-2022

(Compiled by Siddhi Nayak)