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Ratios and Rates
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Ratios and Rates

(Per cent)
Item/Fortnight Ended # 2024 2025
Dec. 27 Dec. 15 Dec. 31
1 2 3
Ratios      
Cash-Deposit Ratio 4.66 3.43 3.20
Credit-Deposit Ratio 80.42 81.61 81.75
Incremental Credit-Deposit Ratio 82.58 93.51 91.19
Investment-Deposit Ratio 29.90 28.52 27.70
Incremental Investment-Deposit Ratio 30.82 11.82 8.21
  2025 2026
Item/Week Ended Jan. 03 Dec. 05 Dec. 12 Dec. 19 Dec. 26 Jan. 02
1 2 3 4 5 6
Ratios            
Cash Reserve Ratio 4.00 3.00 3.00 3.00 3.00 3.00
Statutory Liquidity Ratio 18.00 18.00 18.00 18.00 18.00 18.00
Rates            
Policy Repo Rate 6.50 5.25 5.25 5.25 5.25 5.25
Fixed Reverse Repo Rate 3.35 3.35 3.35 3.35 3.35 3.35
Standing Deposit Facility (SDF) Rate * 6.25 5.00 5.00 5.00 5.00 5.00
Marginal Standing Facility (MSF) Rate 6.75 5.50 5.50 5.50 5.50 5.50
Bank Rate 6.75 5.50 5.50 5.50 5.50 5.50
Base Rate 9.10/10.40 8.35/10.00 8.35/10.00 8.35/10.00 8.35/10.00 8.35/10.00
MCLR (Overnight) 8.15/8.45 7.80/7.95 7.80/7.95 7.80/7.95 7.80/7.95 7.70/7.95
Term Deposit Rate >1 Year 6.00/7.25 5.85/6.60 5.85/6.60 5.85/6.60 5.85/6.60 6.00/6.50
Savings Deposit Rate 2.70/3.00 2.50 2.50 2.50 2.50 2.50
Call Money Rate (Weighted Average) 6.60 5.37 5.19 5.37 5.43 5.43
91-Day Treasury Bill (Primary) Yield 6.60 5.35 5.27 5.28 5.26 ..
182-Day Treasury Bill (Primary) Yield 6.72 5.53 5.48 5.50 5.48 ..
364-Day Treasury Bill (Primary) Yield 6.70 5.55 5.49 5.50 5.54 ..
10-Year G-Sec Par Yield (FBIL) 6.78 6.55 6.66 6.67 6.65 6.69
FBIL@Reference Rate and Forward Premia            
INR-US$ Spot Rate (₹ Per Foreign Currency) 85.76 89.92 90.39 90.20 89.83 90.12
INR-Euro Spot Rate (₹ Per Foreign Currency) 88.11 104.82 106.08 105.68 105.85 105.84
Forward Premia of US$ 1-month 3.12 2.92 3.55 5.05 5.24 2.57
                                           3-month 3.37 2.65 2.93 3.63 3.52 2.90
                                           6-month 2.86 2.56 2.84 3.21 3.08 2.55
*As per Press Release No. 2022-2023/41 dated April 08, 2022.
@ Financial Benchmarks India Private Limited (FBIL) has taken over from RBI, the computation and dissemination of reference rate for spot USD/INR and exchange rate of other major currencies with effect from July 10, 2018. Data on forward premia are sourced from FBIL with effect from October 13, 2023.
Data include the impact of merger of a non-bank with a bank w.e.f. July 1, 2023.
# As per the Banking Laws (Amendment) Act, 2025, the definition of fortnight has been revised from alternate Fridays to 15th and last calendar day of a month, w.e.f. December 15, 2025.

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