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 | Sep. 26 | Aug. 20 | Aug. 27 | Sep. 3 | Sep. 10 | Sep. 17 | Sep. 24 |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
Cash Reserve Ratio (per cent)(1) | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.75 |
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 | 10.25-11.00 | 10.25-11.00 | 10.25-11.00 | 10.25-11.00 | 10.25-10.75 | 10.25-10.75 |
Deposit Rate(4) | 4.75-6.00 | 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 | 3.50/5.10 | 1.75/6.00 | 1.50/5.41 | 2.50/4.55 | 2.00/4.65 | 2.05/6.12 | 3.85/6.12 |
- Lendings | 3.00/5.10 | 1.75/10.95 | 1.50/10.95 | 2.19/4.95 | 1.10/7.30 | 1.83/5.40 | 3.85/6.12 |
(1) Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks). |