4. Cash Reserve Ratio and Interest Rates - आरबीआय - Reserve Bank of India
4. Cash Reserve Ratio and Interest Rates
(per cent per annum) | |||||||||
2002 | 2003 | ||||||||
Item / week ended | Feb. 8 | Jan. 3 | Jan. 10 | Jan. 17 | Jan. 24 | Jan. 31 | Feb. 7 | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | ||
Cash Reserve Ratio (per cent)(1) | 5.50 | 4.75 | 4.75 | 4.75 | 4.75 | 4.75 | 4.75 | ||
Bank Rate | 6.50 | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | ||
I.D.B.I.(2) | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | ||
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 | ||
Deposit Rate(4) | 7.50-8.50 | 5.50-6.50 | 5.50-6.50 | 5.50-6.25 | 5.50-6.25 | 5.50-6.25 | 5.50-6.25 | ||
Call Money Rate (Low / High)(5) | |||||||||
- Borrowings | 5.00/11.00 | 4.18/6.00 | 3.50/7.00 | 4.00/7.50 | 3.50/6.75 | 4.30/6.55 | 4.00/6.55 | ||
- Lendings | 5.00/11.00 | 4.18/6.15 | 3.50/7.00 | 4.50/7.50 | 3.50/6.75 | 4.40/6.55 | 4.00/6.55 | ||
(1) | Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks). | ||||||||
(2) | Minimum Term Lending Rate (MTLR). | ||||||||
(3) | Prime Lending Rate relates to five major Banks.. | ||||||||
(4) | Deposit Rate relates to major Banks for term deposits of more than one year maturity | ||||||||
(5) | Data cover 90-95 per cent of total transactions reported by participants. |