11.2 : Cash Reserve Ratio and Interest Rates : 2003-04
| 
 | ||||||||||||
| (in per cent) | ||||||||||||
| Items | April | May | June | July | August | September | October | November | December | January | February | March | 
| 2003 | 2003 | 2003 | 2003 | 2003 | 2003 | 2003 | 2003 | 2003 | 2004 | 2004 | 2004 | |
| 
 | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | 
| a. Cash Reserve Ratio | 4.75 | 4.75 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 
| (per cent) (1) | ||||||||||||
| b. Bank Rate | 6.25 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 
| c. Prime Lending Rate (2) | 10.75-11.50 | 10.50-11.50 | 10.50-11.50 | 10.50-11.50 | 10.50-11.50 | 10.50- | 10.50-11.50 | 10.50-11.50 | 10.25-11.00 | 10.25-11.00 | 10.25-11.00 | 10.25- | 
| d. Deposit Rate (3) | 5.25- | 5.25- | 5.00- | 5.00- | 5.00- | 4.75- | 5.00- | 5.00- | 5.00- | 5.00- | 5.00- | 5.00- | 
| e. Call Money Rate (4) | ||||||||||||
| - Borrowings | ||||||||||||
| (i) High | 5.15 | 5.25 | 5.15 | 5.1 | 5.1 | 5.1 | 7 | 4.6 | 4.6 | 4.5 | 4.6 | 3 | 
| (ii) Low | 2 | 2 | 2 | 3.75 | 3.45 | 3.5 | 1 | 3 | 2 | 3 | 3.5 | 4.5 | 
| - Lendings | ||||||||||||
| (i) High | 5.1 | 5.25 | 5.15 | 5.25 | 5.1 | 5.1 | 7 | 4.75 | 4.6 | 4.6 | 4.75 | 3 | 
| (ii) Low | 2 | 2 | 2 | 3.9 | 3.45 | 3 | 1 | 3 | 2 | 3 | 3.5 | 4.5 | 
| Notes | ||||||||||||
| 1. : As applicable to Scheduled Commercial Banks (excluding Regional Rural Banks) as on last Friday of Month. | ||||||||||||
| 2. : Prime Lending Rate (PLR) relates to five major banks. | ||||||||||||
| 3. : Deposit rate relates to major banks for term deposits of more than one year maturity. | ||||||||||||
| 4. : Data cover 90-95 per cent of total transactions reported by major participants. Based on highs/lows of the the weeks ending on Fridays of the month. | ||||||||||||
| Source: Reserve Bank of India Bulletin / Weekly Statistical Supplement, various issues. | ||||||||||||
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