Cash Reserve Ratio and Interest Rates

RbiAnnouncementWeb

Date: November 02, 2012

(Per cent per annum)
Item/Week Ended	2011	2012
	Oct. 21	Sep. 14	Sep. 21	Sep. 28	Oct. 5	Oct. 12	Oct. 19
	1	2	3	4	5	6	7
Cash Reserve Ratio (per cent)⁽¹⁾	6.00	4.75	4.75	4.50	4.50	4.50	4.50
Bank Rate	6.00	9.00	9.00	9.00	9.00	9.00	9.00
Base Rate⁽²⁾	10.00/10.75	10.00/10.50	9.75/10.50	9.75/10.50	9.75/10.50	9.75/10.50	9.75/10.50
Term Deposit Rate⁽³⁾	8.50/9.25	8.50/9.25	8.50/9.25	8.50/9.25	8.50/9.25	8.50/9.00	8.50/9.00
Savings Deposit Rate⁽⁴⁾	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Call Money Rate (Weighted Average)⁽⁵⁾	8.26	7.97	8.02	8.02	7.81	8.04	8.04
(1) Cash Reserve Ratio relates to Scheduled Commercial Banks (excluding Regional Rural Banks). (2) Base Rate relates to five major banks since July 1, 2010. (3) Term Deposit Rate relates to five major banks for deposits of more than one year maturity. (4) Saving Deposit Rate relates to five major banks. (5) Data covers 90-95 per cent of total transactions reported by participants. Call Money Rate (Weighted Average) is volume- weighted average of daily call money rates for the week (Saturday to Friday).