{
 "dashboard": "WACR / Call Money Rate vs RBI Policy Corridor",
 "slug": "wacr",
 "operating_target": "WACR (Weighted Average Call Rate)",
 "corridor": {
  "sdf_floor": 5.0,
  "repo": 5.25,
  "msf_ceiling": 5.5,
  "width_bps": 25
 },
 "timeline": [
  {
   "effective": "8 Apr 2022",
   "sdf": 3.75,
   "repo": 4.0,
   "msf": 4.25,
   "note": "SDF introduced; corridor reset to +/-25 bps"
  },
  {
   "effective": "4 May 2022",
   "sdf": 4.15,
   "repo": 4.4,
   "msf": 4.65,
   "note": "Off-cycle hike"
  },
  {
   "effective": "8 Jun 2022",
   "sdf": 4.65,
   "repo": 4.9,
   "msf": 5.15,
   "note": "Tightening cycle"
  },
  {
   "effective": "5 Aug 2022",
   "sdf": 5.15,
   "repo": 5.4,
   "msf": 5.65,
   "note": ""
  },
  {
   "effective": "30 Sep 2022",
   "sdf": 5.65,
   "repo": 5.9,
   "msf": 6.15,
   "note": ""
  },
  {
   "effective": "7 Dec 2022",
   "sdf": 6.0,
   "repo": 6.25,
   "msf": 6.5,
   "note": ""
  },
  {
   "effective": "8 Feb 2023",
   "sdf": 6.25,
   "repo": 6.5,
   "msf": 6.75,
   "note": "Peak; held ~2 years"
  },
  {
   "effective": "7 Feb 2025",
   "sdf": 6.0,
   "repo": 6.25,
   "msf": 6.5,
   "note": "Easing cycle begins"
  },
  {
   "effective": "9 Apr 2025",
   "sdf": 5.75,
   "repo": 6.0,
   "msf": 6.25,
   "note": ""
  },
  {
   "effective": "6 Jun 2025",
   "sdf": 5.25,
   "repo": 5.5,
   "msf": 5.75,
   "note": "Deeper 50 bps cut"
  },
  {
   "effective": "5 Dec 2025",
   "sdf": 5.0,
   "repo": 5.25,
   "msf": 5.5,
   "note": "Current level"
  }
 ],
 "source": "RBI Weekly Statistical Supplement & Monetary Policy decisions, rbi.org.in",
 "reviewed_by": "Vikram Jain, Chartered Accountant",
 "updated": "2026-06-20T15:50:00+05:30"
}