4. Cash Reserve Ratio and Interest Rates - RBI - Reserve Bank of India
4. Cash Reserve Ratio and Interest Rates
| (per cent per annum) | |||||||||
| 2003 | 2004 | ||||||||
| Item / week ended | Mar. 21 | Feb. 13 | Feb. 20 | Feb. 27 | Mar. 5 | Mar. 12 | Mar. 19 | ||
| 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 | 4.10/6.75 | 3.00/4.75 | 2.00/4.52 | 3.50/4.60 | 2.50/4.60 | 3.00/4.60 | 3.10/4.55 | ||
| - Lendings | 4.10/6.75 | 3.25/4.85 | 2.00/4.50 | 3.50/4.75 | 3.00/4.60 | 3.00/4.70 | 3.10/4.55 | ||
- Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks).
- Minimum Term Lending Rate (MTLR).
- Prime Lending Rate relates to five major Banks.
- Deposit Rate relates to major Banks for term deposits of more than one year maturity.
- Data cover 90-95 per cent of total transactions reported by participants.
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