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4. Cash Reserve Ratio and Interest Rates
82025411

4. Cash Reserve Ratio and Interest Rates

(per cent per annum)

 

2003

   

2004

     

Item / week ended

Mar. 14

Feb. 6

Feb. 13

Feb. 20

Feb. 27

Mar. 5

Mar. 12

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

10.25

10.25

10.25

10.25

10.25

10.25

Prime Lending Rate(3)

10.75-11.50

10.25-11.00

10.25-11.00

10.25-11.00

10.25-11.00

10.25-11.00

10.25-11.00

Deposit Rate(4)

5.25-6.25

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

4.00/6.75

2.00/4.60

3.00/4.75

2.00/4.52

3.50/4.60

2.50/4.60

3.00/4.60

- Lendings

4.50/6.75

2.50/4.90

3.25/4.85

2.00/4.50

3.50/4.75

3.00/4.60

3.00/4.70

  1. Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks).
  2. Minimum Term Lending Rate (MTLR).
  3. Prime Lending Rate relates to five major Banks.
  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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