4. Cash Reserve Ratio and Interest Rates - ਆਰਬੀਆਈ - Reserve Bank of India
4. Cash Reserve Ratio and Interest Rates
(per cent per annum) | ||||||||
2002 | 2003 | |||||||
Item / week ended | Dec. 6 | Oct. 31 | Nov. 7 | Nov. 14 | Nov. 21 | Nov. 28 | Dec. 5 | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
Cash Reserve Ratio (per cent)(1) | 4.75 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | |
Bank Rate | 6.25 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | |
I.D.B.I.(2) | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | |
Prime Lending Rate(3) | 10.75-11.50 | 10.50-11.50 | 10.50-11.50 | 10.50-11.50 | 10.50-11.50 | 10.50-11.50 | 10.50-11.00 | |
Deposit Rate(4) | 6.00-6.75 | 5.00-6.00 | 5.00-6.00 | 5.00-6.00 | 5.00-6.00 | 5.00-6.00 | 5.00-5.75 | |
Call Money Rate (Low / High)(5) | ||||||||
- Borrowings | 4.00/6.50 | 1.00/7.00 | 2.00/4.70 | 1.50/4.70 | 3.00/4.60 | 3.00/4.60 | 2.00/4.60 | |
- Lendings | 4.00/6.50 | 1.00/7.00 | 2.00/4.78 | 1.50/4.80 | 3.00/4.75 | 3.00/4.75 | 2.00/4.75 | |
(1) Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks). |