(Per cent per annum) |
Year |
Call/Notice money rates (i) |
Commercial bank rates |
Deposit rates (ii) (iii) |
|
|
Lending rates |
1 to 3 yrs. |
|
Over 3 yrs. & upto 5 yrs. |
|
Above 5 yrs. |
|
SBI advance rate (iv) |
Key lending rates as prescribed by RBI
(All commercial banks including SBI) |
Ceiling rate general |
Minimum rate general (v) (v)i |
Minimum rate selective credit control |
1 |
2 |
3 |
|
4 |
|
5 |
|
6 |
7 |
8 |
|
9 |
1970-71 |
6.38 |
6.00-6.50 |
|
7.00 |
|
7.25 |
|
7.00-8.50 |
- |
- |
|
- |
1971-72 |
5.16 |
6.00 |
|
6.50 |
|
7.25 |
|
8.50 |
- |
- |
|
12.00 |
1972-73 |
4.15 |
6.00 |
|
6.50 |
|
7.25 |
|
8.50 |
- |
- |
|
12.00 |
1973-74 |
7.83 |
6.00 |
|
7.00 |
|
7.25 |
|
8.50-9.00 |
- |
10.00-11.00 |
|
12.00-13.00 |
1974-75 |
12.82 |
6.75-8.00 |
|
7.75-9.00 |
|
8.00-10.00 |
|
9.00-13.50 |
- |
11.00-13.00 |
|
14.00-15.00 |
1975-76 |
10.55 |
8.00 |
|
9.00 |
|
10.00 |
|
14.00 |
16.50 |
12.50 |
|
14.00-15.00 |
1976-77 |
10.84 |
8.00 |
|
9.00 |
|
10.00 |
|
14.00 |
16.50 |
12.50 |
|
14.00-15.00 |
1977-78 |
9.28 |
6.00 |
|
8.00 |
|
9.00 |
|
13.00 |
15.00 |
12.50 |
|
14.00-15.00 |
1978-79 |
7.57 |
6.00 |
|
7.50 |
|
9.00 |
|
13.00 |
15.00 |
12.50 |
|
14.00-15.00 |
1979-80 |
8.47 |
7.00 |
|
8.50 |
|
10.00 |
|
16.50 |
18.00 |
12.50 |
|
15.50-18.00 |
1980-81 |
7.12 |
7.50-8.50 |
|
10.00 |
|
10.00 |
|
16.50 |
19.40-19.50 |
13.50 |
|
16.70-19.50 |
1981-82 |
8.96 |
8.00-9.00 |
|
10.00 |
|
10.00 |
|
16.50 |
19.50 |
- |
|
17.50-19.50 |
1982-83 |
8.78 |
8.00-9.00 |
|
10.00 |
|
11.00 |
|
16.50 |
19.50 |
- |
|
17.50-19.50 |
1983-84 |
8.63 |
8.00-9.00 |
|
10.00 |
|
11.00 |
|
16.50 |
18.00 |
- |
|
16.50-18.00 |
1984-85 |
9.95 |
8.00-9.00 |
|
10.00 |
|
11.00 |
|
16.50 |
18.00 |
- |
|
16.50-18.00 |
1985-86 |
10.00 |
8.50-9.00 |
|
10.00 |
|
11.00 |
|
16.50 |
17.50 |
- |
|
16.50-17.50 |
1986-87 |
9.99 |
8.50-9.00 |
|
10.00 |
|
11.00 |
|
16.50 |
17.50 |
- |
|
16.50-17.50 |
1987-88 |
9.88 |
9.00-10.00 |
|
10.00 |
|
10.00 |
|
16.50 |
16.50 |
- |
|
16.50 |
1988-89 |
9.77 |
9.00-10.00 |
|
10.00 |
|
10.00 |
|
16.50 |
- |
16.00 |
|
16.00 |
1989-90 |
11.49 |
9.00-10.00 |
|
10.00 |
|
10.00 |
|
16.50 |
- |
16.00 |
|
16.00 |
1990-91 |
15.85 |
9.00-10.00 |
|
11.00 |
|
11.00 |
|
16.50 |
- |
16.00 |
|
16.00 |
1991-92 |
19.57 |
12.00 |
|
13.00 |
|
13.00 |
|
16.50 |
- |
19.00 |
|
19.00 |
1992-93 |
14.42 |
11.00 |
|
11.00 |
|
11.00 |
|
19.00 |
- |
17.00 |
|
17.00 |
1993-94 |
6.99 |
10.00 |
|
10.00 |
|
10.00 |
|
19.00 |
- |
14.00 |
|
15.00 |
1994-95 |
9.40 |
11.00 |
|
11.00 |
|
11.00 |
|
15.00 |
- |
15.00 @ |
|
Free |
1995-96 |
17.73 |
12.00 |
|
13.00 + |
|
13.00 + |
|
16.50 |
- |
16.50 @ |
|
Free |
1996-97 |
7.84 |
11.00-12.00 + |
|
12.00-13.00 + |
|
12.50-13.00 + |
|
14.50 |
- |
14.50-15.00 @ |
|
Free |
1997-98 |
8.69 |
10.50-11.00 + |
|
11.50-12.00 + |
|
11.50-12.00 + |
|
14.00 |
- |
14.00 @ |
|
Free |
1998-99 |
7.83 |
9.00-11.00 + |
|
10.50-11.50 + |
|
10.50-11.50 + |
|
12.00-14.00 |
- |
12.00-13.00 @ |
|
Free |
1999-00 |
8.87 |
8.50-9.50 + |
|
10.00-10.50 + |
|
10.00-10.50 + |
|
12.00 |
- |
12.00-12.50 @ |
|
Free |
2000-01 |
9.15 |
8.50-9.00 + |
|
9.50-10.00 + |
|
9.50-10.00 + |
|
11.50 |
- |
11.00- 12.00 @ |
|
Free |
2001-02 |
7.16 |
7.50-8.50 + |
|
8.00-8.50 + |
|
8.00-8.50 + |
|
11.50 |
- |
11.00-12.00 @ |
|
Free |
2002-03 |
5.89 |
4.25-6.00 + |
|
5.50-6.25 + |
|
5.50-6.25 + |
|
10.75 |
- |
10.75-11.50 @ |
|
Free |
2003-04 |
4.62 |
4.00-5.25 + |
|
5.25-5.50 + |
|
5.25-5.50 + |
|
10.25 |
- |
10.25-11.00 @ |
|
Free |
2004-05 |
4.65 |
5.25-5.50 + |
|
5.75-6.25 + |
|
5.75-6.25 + |
|
10.25 |
- |
10.25-10.75 @ |
|
Free |
2005-06 |
6.93 |
6.00-6.50 + |
|
6.25-7.00 + |
|
6.25-7.00 + |
|
10.25 |
- |
10.25-10.75 @ |
|
Free |
2006-07 |
5.69 **** |
6.25-7.00 + |
^ |
6.50-8.00 + |
^ |
6.50-8.00 + |
^ |
11.00 ^ |
- |
11.00-11.50 @ |
^ |
Free |
(Continued) |
(Per cent per annum) |
Year |
Prime lending rates of term lending institutions |
Units of UTI #(July-June) |
Annual (gross) redemption yield of Government of India securities@@ (x) |
IDBI |
IFCI |
ICICI |
IIBI / IRBI (vii) |
SFCs* (viii) |
Dividend rate |
Yield (ix) rate (ix) |
Short-term
(1-5 yrs.) |
Medium-term
(5-15 yrs.) |
Long-term
(15 yrs. & above) |
1 |
10 |
|
11 |
|
12 |
13 |
14 |
15 |
16 |
17 |
18 |
19 |
1970-71 |
|
8.50
(7.00-8.50) |
|
9.00 |
|
8.50 |
- |
7.50-10.50 |
8.00 |
7.55 |
3.85-4.28 |
4.32-4.84 |
4.77-5.53 |
1971-72 |
|
8.50
(7.50-8.00) |
|
9.00 |
|
8.50 |
- |
8.50-11.00 |
8.25 |
. |
4.21-4.17 |
4.53-5.25 |
5.00-5.74 |
1972-73 |
|
8.50
(7.50-9.75) |
|
9.00 |
|
8.50 |
- |
8.50-10.50 |
8.50 |
. |
4.46-4.98 |
4.08-5.28 |
5.00-5.74 |
1973-74 |
|
9.00
(7.50-0.50) |
|
9.50 |
|
9.00 |
8.50 |
9.00-11.00 |
8.50 |
. |
4.47-5.05 |
4.74-5.34 |
5.00-5.74 |
1974-75 |
|
10.25
(8.00-0.50) |
|
11.25 |
|
10.25 |
8.50 |
8.00-13.00 |
8.60 |
8.25 |
5.00-5.65 |
5.18-5.99 |
5.93-6.39 |
1975-76 |
|
11.00
(8.00-11.00) |
|
12.00 |
|
11.00 |
8.50 |
8.00-14.50 |
8.75 |
8.33 |
5.20-6.04 |
5.47-6.02 |
6.08-6.48 |
1976-77 |
|
11.00
(8.00-11.00) |
|
11.00 |
|
11.00 |
8.50 |
8.00-15.50 |
9.00 |
8.51 |
5.18-5.59 |
5.43-5.97 |
6.02-6.47 |
1977-78 |
|
11.00
(8.00-11.00) |
|
11.00 |
|
11.00 |
8.50 |
8.00-15.50 |
9.00 |
7.96 |
5.06-5.59 |
5.42-5.98 |
6.03-6.46 |
1978-79 |
|
11.00
(8.00-11.00) |
|
11.00 |
|
11.00 |
8.50 |
8.00-15.50 |
9.00 |
7.67 |
5.12-5.48 |
5.47-6.25 |
6.12-6.73 |
1979-80 |
|
11.00
(8.00-11.00) |
|
11.00 |
|
11.00 |
8.50 |
8.00-15.50 |
10.00 |
8.56 |
4.70-5.74 |
5.70-6.30 |
6.20-6.98 |
1980-81 |
|
14.00
(12.00-14.50) |
|
14.00 |
|
14.00 |
9.15 |
12.00-16.00 |
11.50 |
9.62 |
4.74-6.01 |
5.80-6.75 |
6.44-7.49 |
1981-82 |
|
14.00
(12.00-14.50) |
|
14.00 |
|
14.00 |
9.15 |
11.25-14.00 |
12.50 |
10.29 |
5.32-6.43 |
5.81-7.02 |
6.45-8.00 |
1982-83 |
|
14.00
(12.00-14.50) |
|
14.00 |
|
14.00 |
12.50 |
12.50-17.00 |
13.50 |
10.65 |
4.98-8.46 |
6.25-7.77 |
6.46-9.00 |
1983-84 |
|
14.00
(11.50-16.50) |
|
14.00 |
|
14.00 |
12.50 |
14.00-18.00 |
14.00 |
10.49 |
4.50-7.08 |
6.67-9.04 |
6.47-10.00 |
1984-85 |
|
14.00
(12.50-18.50) |
|
14.00 |
|
14.00 |
12.50 |
14.00-20.00 |
14.25 |
10.44 |
4.20-8.31 |
6.47-9.04 |
7.93-10.50 |
1985-86 |
|
14.00
(11.50-16.50) |
|
14.00 |
|
14.00 |
12.50 |
11.50-16.50 |
15.25 |
11.75 |
5.42-9.84 |
6.49-9.50 |
8.38-11.50 |
1986-87 |
|
14.00
(11.50-16.50) |
|
14.00 |
|
14.00 |
12.50 |
11.50-16.50 |
16.00 |
12.27 |
5.09-11.60 |
6.50-10.86 |
8.88-11.50 |
|
|
|
(11.50-16.50) |
|
|
|
|
|
|
|
|
|
|
|
1987-88 |
|
14.00
(11.50-16.50) |
|
14.00 |
|
14.00 |
14.00 |
11.50-16.50 |
16.50 |
12.56 |
6.86-15.78 |
6.51-11.73 |
9.17-11.50 |
1988-89 |
|
14.00
(11.50-16.50) |
|
14.00 |
|
14.00 |
14.00 |
11.50-16.50 |
18.00 |
13.58 |
7.03-23.88 |
6.76-13.77 |
9.36-11.73 |
1989-90 |
|
14.00
(11.50-16.50) |
|
14.00 |
|
14.00 |
14.00 |
11.50-16.50 |
18.00 |
13.35 |
7.56-18.36 |
7.69-15.06 |
10.05-11.80 |
1990-91 |
|
14.00-15.00 |
|
14.00-15.00 |
|
14.00-15.00 |
14.00-15.00 |
9.00-20.00 |
19.50 |
14.03 |
7.04-21.70 |
9.44-12.70 |
10.86-12.04 |
1991-92 |
|
18.00-20.00 |
|
18.00-20.00 |
|
18.00-20.00 |
18.00-20.00 |
9.00-20.00 |
25.00 |
16.40 |
8.37-26.26 |
9.50-13.42 |
9.91-12.38 |
1992-93 |
|
17.00-19.00 |
|
17.00-19.00 |
|
17.00-19.00 |
18.50-21.00 |
(11.50-20.00) |
26.00 |
19.06 |
9.08-23.77 |
9.50-14.78 |
8.82-12.47 |
1993-94 |
|
14.50-17.50 |
|
14.50-17.50 |
|
14.50-17.50 |
14.50-17.50 |
(11.50-20.00) |
26.00 |
17.68 |
11.86-12.86 |
12.70-13.30 |
12.85-13.43 |
1994-95 |
|
15.00 |
|
14.50-18.50 |
|
14.00-17.50 |
14.50-17.50 |
(12.00-13.50) |
26.00 |
16.33 |
9.75-11.76 |
11.30-13.86 |
11.77-13.47 |
1995-96 |
|
16.00-19.00 |
|
16.00-20.00 |
|
14.00 |
15.50-18.50 |
(12.00-13.50) |
20.00 |
12.66 |
6.00-14.28 |
5.75-14.07 |
11.84-13.02 |
1996-97 |
|
16.20 |
|
15.00-19.50 |
|
16.50 |
17.00 |
(12.00-27.50) |
20.00 |
13.95 |
5.21-16.21 |
5.75-14.44 |
9.00-14.20 |
1997-98 |
|
13.30 |
|
14.50-18.00 |
|
14.00-14.50 |
12.50-13.50 |
(12.00-18.00) |
20.00 |
13.85 |
5.50-17.69 |
5.20-14.00 |
9.00-13.17 |
1998-99 |
|
13.50 |
|
13.50-17.00 |
|
13.00 |
. |
12.00-18.50 |
13.50 |
9.46 |
4.45-17.73 |
5.75-13.74 |
10.00-13.46 |
1999-00 |
|
13.60-17.10 |
$ |
13.50-17.00 |
$ |
12.50 $ |
14.00 |
12.00-18.00 |
13.75 |
10.19 |
3.18-14.30 |
6.50-13.84 |
9.79-13.11 |
2000-01 |
|
14.00 |
|
13.00 |
|
12.50 |
13.25 |
9.75-17.00 |
10.00 |
7.32 |
4.94-16.66 |
9.37-12.50 |
10.58-11.89 |
2001-02 |
|
11.50 |
|
12.50 |
|
12.50 |
11.50 |
9.50-16.75 |
. |
. |
5.32-10.96 |
5.14-13.85 |
7.41-10.86 |
2002-03 |
|
10.20 |
* |
12.50 |
* |
- |
11.00 * |
9.50-14.50 |
. |
. |
5.12-10.98 |
5.60-9.27 |
6.10-8.76 |
2003-04 |
|
8.90 |
* |
12.50 |
* |
- |
8.50 ** |
9.50-14.51 |
. |
. |
3.93-7.16 |
4.41-6.78 |
5.44-7.72 |
2004-05 |
|
*** |
|
12.50 |
* |
- |
8.50 ** |
9.50-14.51 |
. |
. |
4.32-8.14 |
4.71-7.73 |
5.43-7.83 |
2005-06 |
|
*** |
|
12.50 |
* |
- |
8.50 ** |
9.50-13.00 |
. |
. |
2.84-8.57 |
6.49-7.92 |
7.08-7.85 |
+ Refers to the deposit rates of 5 major public sector banks as at end-March.
@ Refers to the prime lending rates of 5 major public sector banks.
^ Up to August 04, 2006.
# Data for dividend rate and yield rate are based on data received from Unit Trust of India.
@@ Based on redemption yield which is computed from 2000-01 as the mean of the daily weighted average yield of the transactions in each traded security. The weight is calculated as the share of the transaction in a given security in the aggregated value.
$ Relates to long-term prime lending rates in January 2000.
* Long-term (over 36-month) PLR.
** Single PLR effective July 31, 2003.
*** Not applicable since IDBI’s conversion into a banking entity effective October 11, 2004.
**** Average of April-July 2006 (Provisional).
Note : 1. ICICI ceased to be a term lending institution after its merger with ICICI Bank.
2. Figures in brackets indicate lending rate charged to small-scale industries.
For superscripts (i) to (x) on items in this table, see Notes on Tables.
Source : 1. Respective financial institutions.
2. Reserve Bank of India. |