Bank Rate
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Annexure- Changes in Bank Rate/ Penal Interest from time to time
| FROM |
TO |
BANK RATE |
PENAL INTEREST RATE |
Total |
|
UPTO 28.2.79 |
6% |
8% |
14% |
01.03.79 |
11.07.81 |
9% |
8% |
17% |
12.07.81 |
03.07.91 |
10% |
8% |
18% |
04.07.91 |
07.10.91 |
11% |
8% |
19% |
08.10.91 |
30.12.92 |
12% |
8% |
20% |
01.01.93 |
15.04.97 |
12% |
8% |
20% |
16.04.97 |
25.06.97 |
11% |
8% |
19% |
26.06.97 |
21.10.97 |
10% |
8% |
18% |
22.10.97 |
16.01.98 |
9% |
8% |
17% |
17.01.98 |
18.03.98 |
11% |
8% |
19% |
19.03.98 |
02.04.98 |
10.50% |
8% |
18.50% |
03.04.98 |
28.04.98 |
10% |
8% |
18% |
29.04.98 |
28.02.99 |
9% |
8% |
17% |
01.03.99 |
31.03.2000 |
8% |
8% |
16% |
01.04.2000 |
21.07.2000 |
7% |
8% |
15% |
22.07.2000 |
16.02.2001 |
8% |
8% |
16% |
17.02.2001 |
28.02.2001 |
7.5% |
8% |
15.5% |
01.03.2001 |
22.10.2001 |
7% |
8% |
15% |
23.10.2001 |
29.10.2002 |
6.75% |
8% |
14.5% |
30.10.2002 |
29.04.2003 |
6.25% |
8% |
14.25% |
30.04.2003 |
13.02.2012 |
6% |
8% |
14% |
14.02.2012 |
18.04.2012 |
9.50% |
8% |
17.50% |
19.04.2012 |
19.03.2013 |
9.00% |
8% |
17.00% |
20.03.2013 |
02.05.2013 |
8.50% |
8% |
16.50% |
03.05.2013 |
14.07.2013 |
8.25% |
8% |
16.25% |
15.07.2013 |
19.09.2013 |
10.25% |
8% |
18.25% |
20.09.2013 |
06.10.2013 |
9.50% |
8% |
17.50% |
07.10.2013 |
28.10.2013 |
9.00% |
8% |
17.00% |
29.10.2013 |
27.01.2014 |
8.75% |
8% |
16.75% |
28.01.2014 |
14.01.2015 |
9.00% |
8% |
17.00% |
15.01.2015 |
03.03.2015 |
8.75% |
8% |
16.75% |
04.03.2015 |
01.06.2015 |
8.50% |
8% |
16.50% |
02.06.2015 |
28.09.2015 |
8.25% |
8% |
16.25% |
29.09.2015 |
04.04.2016 |
7.75% |
8% |
15.75% |
05.04.2016 |
03.10.2016 |
7.00% |
8% |
15.00% |
04.10.2016 |
06.04.2017 |
6.75% |
8% |
14.75% |
07.04.2017 |
01.08.2017 |
6.50% |
8% |
14.50% |
02.08.2017 |
05-06-2018 |
6.25% |
8% |
14.25% |
06.06.2018 |
31-07-2018 |
6.50% |
8% |
14.50% |
01-08-2018 |
06.02.2019 |
6.75% |
8% |
14.75% |
07.02.2019 |
03.04.2019 |
6.50% |
8% |
14.50% |
04.04.2019 |
05.06.2019 |
6.25% |
8% |
14.25% |
06.06.2019 |
06.08.2019 |
6.00% |
8% |
14.00% |
07.08.2019 |
04.10.2019 |
5.65% |
8% |
13.65% |
04.10.2019 |
27.03.2020 |
5.40% |
8% |
13.40% |
27.03.2020 |
21.05.2020 |
4.65% |
8% |
12.65% |
22.05.2020 |
03.05.2022 |
4.25% |
8% |
12.25% |
04.05.2022 |
07.06.2022 |
4.65 % |
8% |
12.65% |
08.06.2022 |
04.08.2022 |
5.15% |
8% |
13.15% |
05.08.2022 |
29.09.2022 |
5.65 % |
8% |
13.65 % |
30.09.2022 |
06.12.2022 |
6.15 % |
8% |
14.15 % |
07.12.2022 |
07.02.2023 |
6.50 % |
8% |
14.50 % |
08.02.2023 |
Till date |
6.75 % |
8% |
14.75 % |