4. Cash Reserve Ratio and Interest Rates - ଆରବିଆଇ - Reserve Bank of India
4. Cash Reserve Ratio and Interest Rates
(per cent per annum) | |||||||
2002 | 2003 | ||||||
Item / week ended | Apr. 12 | Mar. 7 | Mar. 14 | Mar. 21 | Mar. 28 | Apr. 4 | Apr. 11 |
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) | 7.00-8.50 | 5.50-6.25 | 5.25-6.25 | 5.25-6.25 | 5.25-6.25 | 5.25-6.25 | 5.25-6.25 |
Call Money Rate (Low / High)(5) |
| ||||||
- Borrowings | 5.00/7.00 | 4.00/7.00 | 4.00/6.75 | 4.10/6.75 | 4.00/8.25 | 2.00/12.00 | 1.75/5.25 |
- Lendings | 5.00/7.00 | 4.00/7.00 | 4.50/6.75 | 4.10/6.75 | 4.00/8.25 | 2.00/12.00 | 1.75/5.25 |
(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. |