4. Cash Reserve Ratio and Interest Rates - RBI - Reserve Bank of India
4. Cash Reserve Ratio and Interest Rates
(per cent per annum) |
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2002 |
2003 |
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Item / week ended |
Feb.15 |
Jan.10 |
Jan.17 |
Jan.24 |
Jan.31 |
Feb. 7 |
Feb.14 |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
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Cash Reserve Ratio (per cent) (1) |
5.50 |
4.75 |
4.75 |
4.75 |
4.75 |
4.75 |
4.75 |
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Bank Rate |
6.50 |
6.25 |
6.25 |
6.25 |
6.25 |
6.25 |
6.25 |
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I.D.B.I.(2) |
12.50 |
12.50 |
12.50 |
12.50 |
12.50 |
12.50 |
12.50 |
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Prime Lending Rate(3) |
11.00-12.00 |
10.75-11.50 |
10.75-11.50 |
10.75-11.50 |
10.75-11.50 |
10.75-11.50 |
10.75-11.50 |
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Deposit Rate(4) |
7.50-8.50 |
5.50-6.50 |
5.50-6.25 |
5.50-6.25 |
5.50-6.25 |
5.50-6.25 |
5.50-6.25 |
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Call Money Rate (Low / High) (5) |
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- Borrowings |
3.61/7.25 |
3.50/7.00 |
4.00/7.50 |
3.50/6.75 |
4.30/6.55 |
4.00/6.55 |
4.00/6.10 |
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- Lendings |
3.61/7.25 |
3.50/7.00 |
4.50/7.50 |
3.50/6.75 |
4.40/6.55 |
4.00/6.55 |
4.00/6.11 |
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(1) Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks). |