The Mint Street has finally pleased the Dalal Street by softening the key rates for the first time in 9 months. RBI governor finally announced a much expected cut of 25 bps in the repo rate with effect from 9-Feb-2013. This is supplemented by a 25 bps cut in CRR which will inject another 18000 Crore of liquidity in the banking system. For more data on key economic indicators, have a look at http://www.finalaya.com/Secure/KeyEconomicIndicators.aspx

1. Historical Trail of Repo Rate, Reverse Repo, WPI and CPI
Effective Repo Reverse Repo
Date Rate Rate WPI CPI
8-Dec-08 6.5 5 6.60% 9.70%
2-Jan-09 5.5 4 5.90% 10.40%
4-Mar-09 5 3.5 1.50% 8.00%
21-Apr-09 4.75 3.25 1.20% 8.70%
19-Mar-10 5 3.5 10.40% 14.90%
20-Apr-10 5.25 3.75 10.90% 13.30%
2-Jul-10 5.5 4 10.00% 11.30%
27-Jul-10 5.75 4.5 10.00% 11.30%
16-Sep-10 6 5 8.60% 9.80%
2-Nov-10 6.25 5.25 8.20% 8.30%
25-Jan-11 6.5 5.5 9.50% 9.30%
17-Mar-11 6.75 5.75 9.70% 8.80%
3-May-11 7.25 6.25 9.60% 8.70%
16-Jun-11 7.5 6.5 9.50% 8.60%
26-Jul-11 8 7 9.40% 8.40%
16-Sep-11 8.25 7.25 10.00% 10.10%
26-Oct-11 8.5 7.5 9.90% 9.40%
17-Apr-12 8 7 7.69% 9.38%
29-Jan-13 7.75 7 7.18% 10.56%