4. Cash Reserve Ratio and Interest Rates - ربی - Reserve Bank of India
4. Cash Reserve Ratio and Interest Rates
(per cent per annum) | |||||||
2003 | 2004 | ||||||
Item / week ended | Nov. 7 | Oct. 1 | Oct. 8 | Oct. 15 | Oct. 22 | Oct. 29 | Nov. 5 |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
Cash Reserve Ratio (per cent)(1) | 4.50 | 4.75 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Bank Rate | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
I.D.B.I.(2) | 12.50 | 10.25 | 10.25 | 10.25 | 10.25 | 10.25 | 10.25 |
Prime Lending Rate(3) | 10.50-11.50 | 10.25-10.75 | 10.25-10.75 | 10.25-10.75 | 10.25-10.75 | 10.25-10.75 | 10.25-10.75 |
Deposit Rate(4) | 5.00-6.00 | 5.00-5.50 | 5.00-5.50 | 5.00-5.50 | 5.00-5.50 | 5.00-5.50 | 5.00-5.50 |
Call Money Rate (Low / High)(5) | |||||||
- Borrowings | 2.00/4.70 | 2.00/5.00 | 2.00/4.95 | 2.60/5.00 | 3.50/6.10 | 3.00/5.25 | 3.50/6.30 |
- Lendings | 2.00/4.78 | 2.00/5.00 | 2.00/4.95 | 2.60/5.00 | 3.50/6.10 | 3.00/5.25 | 3.50/6.30 |
(1) Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks). |