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Cash Reserve Ratio and Interest Rates
82639761

Cash Reserve Ratio and Interest Rates

(per cent per annum)

Item/Week Ended

2010

Jan. 1

Nov. 26

Dec. 3

Dec. 10

Dec. 17

Dec. 24

Dec. 31

1

2

3

4

5

6

7

8

Cash Reserve Ratio (per cent)(1)

5.00

6.00

6.00

6.00

6.00

6.00

6.00

Bank Rate

6.00

6.00

6.00

6.00

6.00

6.00

6.00

I.D.B.I.(2)

10.25

10.25

10.25

10.25

10.25

10.25

10.25

Base Rate(3)

11.00-12.00

7.50-8.50

7.60-8.50

7.60-8.50

7.60-8.50

7.60-9.00

7.60-9.00

Deposit Rate(4)

6.00-7.50

7.00-8.00

7.00-8.00

7.00-8.75

7.00-8.75

7.00-8.75

7.00-8.75

Call Money Rate (Low/High)(5)

             

- Borrowings

1.90/4.50

3.30/7.05

2.00/6.90

3.50/7.00

4.00/6.90

4.00/7.07

4.00/9.25

- Lendings

1.90/4.50

3.30/7.05

2.00/6.90

3.50/7.00

4.00/6.90

4.00/7.07

4.00/9.25

(1) Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks).
(2) Minimum Term Lending Rate (MTLR).
(3) Base Rate relates to five major banks since July 1, 2010. Earlier figures relate to Benchmark Prime Lending Rate (BPLR).
(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.

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