| |
|
|
|
|
|
(Per cent) |
| |
Bank Rate |
|
Cash Reserve Ratio* |
|
|
| |
|
|
|
|
|
|
|
Rate |
Effective date |
Rate |
Effective date |
Rate |
|
Effective date |
| |
|
|
|
|
|
|
|
1 |
2 |
3 |
4 |
5 |
|
6 |
| |
|
|
|
|
|
|
|
3.5 |
05-07-1935 |
(a) 5% of DL |
05-07-1935 |
13.50 |
|
27-04-1996 |
|
3.0 |
28-11-1935 |
(b) 2% of TL |
|
13.00 |
|
11-05-1996 |
|
3.5 |
15-11-1951 |
(a) 5% of DL |
06-03-1960 |
12.00 |
|
06-07-1996 |
|
4.0 |
16-05-1957 |
(b) 2% of TL @ |
|
11.50 |
|
26-10-1996 |
|
4.5 |
03-01-1963 |
(a) 5% of DL |
06-05-1960 |
11.00 |
|
09-11-1996 |
|
5.0 |
26-09-1964 |
(b) 2% of TL @ |
|
10.50 |
|
04-01-1997 |
|
6.0 |
17-02-1965 |
(a) 5% of DL |
11-11-1960 |
10.00 |
|
18-01-1997 |
|
5.0 |
02-03-1968 |
(b) 2% of TL |
|
9.75 |
|
25-10-1997 |
|
6.0 |
09-01-1971 |
3.00 |
16-09-1962 |
9.50 |
|
22-11-1997 |
|
7.0 |
31-05-1973 |
5.00 |
29-06-1973 |
10.00 |
|
06-12-1997 |
|
9.0 |
23-07-1974 |
6.00 |
08-09-1973 |
10.50 |
|
17-01-1998 |
|
10.0 |
12-07-1981 |
7.00 |
22-09-1973 |
10.25 |
|
28-03-1998 |
|
11.0 |
04-07-1991 |
5.00 |
01-07-1974 |
10.00 |
|
11-04-1998 |
|
12.0 |
09-10-1991 |
4.50 |
14-12-1974 |
11.00 |
|
29-08-1998 |
|
11.0 |
16-04-1997 |
4.00 |
28-12-1974 |
10.50 |
|
13-03-1999 |
|
10.0 |
26-06-1997 |
5.00 |
04-09-1976 |
10.00 |
|
08-05-1999 |
|
9.0 |
22-10-1997 |
6.00 |
13-11-1976 |
9.50 |
@@ |
06-11-1999 |
|
11.0 |
17-01-1998 |
6.00 @ |
14-01-1977 |
9.00 |
|
20-11-1999 |
|
10.5 |
19-03-1998 |
6.00 @ |
01-07-1978 |
8.50 |
|
08-04-2000 |
|
10.0 |
03-04-1998 |
6.00 @ |
05-06-1979 |
8.00 |
|
22-04-2000 |
|
9.0 |
29-04-1998 |
6.50 |
31-07-1981 |
8.25 |
|
29-07-2000 |
|
8.0 |
02-03-1999 |
7.00 |
21-08-1981 |
8.50 |
|
12-08-2000 |
|
7.0 |
02-04-2000 |
7.25 |
27-11-1981 |
8.25 |
|
24-02-2001 |
|
8.0 |
22-07-2000 |
7.50 |
25-12-1981 |
8.00 |
|
10-03-2001 |
|
7.5 |
17-02-2001 |
7.75 |
29-01-1982 |
7.50 |
|
19-05-2001 |
|
7.0 |
02-03-2001 |
7.25 |
09-04-1982 |
5.75 |
|
03-11-2001 |
|
6.5 |
23-10-2001 |
7.00 |
11-06-1982 |
5.50 |
|
29-12-2001 |
|
6.25 |
30-10-2002 |
7.50 |
27-05-1983 |
5.00 |
|
01.06.2002 |
|
6.0 |
30-04-2003 |
8.00 |
29-07-1983 |
4.75 |
|
16.11.2002 |
| |
|
8.50 |
27-08-1983 |
4.50 |
|
14.06.2003 |
| |
|
8.50 @ |
12-11-1983 |
4.75 |
|
18-09-2004 |
| |
|
9.00 @ |
04-02-1984 |
5.00 |
|
02-10-2004 |
| |
|
9.00 @ |
27-10-1984 |
|
|
|
| |
|
9.00 @ |
01-12-1984 |
|
|
|
| |
|
9.00 @ |
26-10-1985 |
|
|
|
| |
|
9.00 @ |
22-11-1986 |
|
|
|
| |
|
9.50 @ |
28-02-1987 |
|
|
|
| |
|
9.50 @ |
23-05-1987 |
|
|
|
| |
|
10.00 @ |
24-10-1987 |
|
|
|
| |
|
10.00 @ |
23-04-1988 |
|
|
|
| |
|
10.50 @ |
02-07-1988 |
|
|
|
| |
|
11.00 @ |
30-07-1988 |
|
|
|
| |
|
15.00 @ |
01-07-1989 |
|
|
|
| |
|
15.00 @ |
04-05-1991 |
|
|
|
| |
|
15.00 @ |
11-01-1992 |
|
|
|
| |
|
15.00 @ |
(21-04-1992) ^ |
|
|
|
| |
|
15.00 @ |
08-10-1992 |
|
|
|
| |
|
14.50 |
17-04-1993 |
|
|
|
| |
|
14.00 |
15-05-1993 |
|
|
|
| |
|
14.50 |
11-06-1994 |
|
|
|
| |
|
14.75 |
09-07-1994 |
|
|
|
| |
|
15.00 |
06-08-1994 |
|
|
|
| |
|
14.50 |
11-11-1995 |
|
|
|
| |
|
14.00 |
09-12-1995 |
|
|
|
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
(Per cent) |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Statutory Liquidity Ratio** |
|
|
Reverse Repo Rate## |
|
|
Repo Rate## |
|
|
Rate |
|
Effective date |
|
|
Rate |
Effective date |
|
Rate |
|
Effective date |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
7 |
|
8 |
|
|
9 |
10 |
|
11 |
|
12 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
20.00 |
|
16-03-1949 |
|
|
7.00 |
10-07-2000 |
|
9.05 |
|
05-06-2000 |
|
25.00 |
|
16-09-1964 |
|
|
8.00 |
24-07-2000 |
|
9.00 |
|
07-06-2000 |
|
26.00 |
|
05-02-1970 |
|
|
8.25 |
03-08-2000 |
|
9.05 |
|
09-06-2000 |
|
27.00 |
|
24-04-1970 |
|
|
11.50 |
04-08-2000 |
|
9.25 |
|
12-06-2000 |
|
28.00 |
|
28-08-1970 |
|
|
12.50 |
07-08-2000 |
|
9.55 |
|
13-06-2000 |
|
29.00 |
|
04-08-1972 |
|
|
14.00 |
08-08-2000 |
|
10.85 |
|
14-06-2000 |
|
30.00 |
|
17-11-1972 |
|
|
15.50 |
09-08-2000 |
|
13.50 |
|
19-06-2000 |
|
32.00 |
|
08-12-1973 |
|
|
15.00 |
10-08-2000 |
|
14.00 |
|
20-06-2000 |
|
33.00 |
|
01-07-1974 |
|
|
14.50 |
14-08-2000 |
|
13.50 |
|
21-06-2000 |
|
34.00 |
|
01-12-1978 |
|
|
14.25 |
30-08-2000 |
|
13.00 |
|
22-06-2000 |
|
34.50 |
|
25-09-1981 |
|
|
13.50 |
31-08-2000 |
|
13.05 |
|
23-06-2000 |
|
35.00 |
|
30-10-1981 |
|
|
12.00 |
04-09-2000 |
|
12.60 |
|
27-06-2000 |
|
35.50 |
|
28-07-1984 |
|
|
11.00 |
07-09-2000 |
|
12.25 |
|
28-06-2000 |
|
36.00 |
|
01-09-1984 |
|
|
10.50 |
08-09-2000 |
|
9.00 |
|
13-07-2000 |
|
36.50 |
|
08-06-1985 |
|
|
10.00 |
11-09-2000 |
|
10.00 |
|
21-07-2000 |
|
37.00 |
|
06-07-1985 |
|
|
10.00 |
15-09-2000 |
|
16.00 |
|
09-08-2000 |
|
37.50 |
|
25-04-1987 |
|
|
9.75 |
03-10-2000 |
|
15.00 |
|
30-08-2000 |
|
38.00 |
|
02-01-1988 |
|
|
9.50 |
04-10-2000 |
|
13.50 |
|
06-09-2000 |
|
38.50 |
|
22-09-1990 |
|
|
9.25 |
05-10-2000 |
|
10.25 |
|
13-10-2000 |
|
38.50 |
+ # |
(29-02-1992) ^ |
|
|
9.00 |
06-10-2000 |
|
10.00 |
|
06-11-2000 |
|
38.25 |
+ |
09-01-1993 |
|
|
8.75 |
09-10-2000 |
|
9.00 |
|
09-03-2001 |
|
38.00 |
+ |
06-02-1993 |
|
|
8.50 |
10-10-2000 |
|
8.75 |
|
30-04-2001 |
|
37.75 |
+ |
06-03-1993 |
|
|
8.25 |
24-10-2000 |
|
8.50 |
|
07-06-2001 |
|
37.50 |
+ |
21-08-1993 |
|
|
8.00 |
25-10-2000 |
|
8.00 |
|
28-03-2002 |
|
37.25 |
+ |
18-09-1993 |
|
|
7.50 |
20-02-2001 |
|
7.50 |
|
12-11-2002 |
|
34.75 |
^^ $ |
16-10-1993 |
|
|
7.00 |
02-03-2001 |
|
7.10 |
|
07-03-2003 |
|
34.25 |
^^ |
20-08-1994 |
|
|
6.75 |
27-04-2001 |
|
7.00 |
|
19-03-2003 |
|
33.75 |
^^ |
17-09-1994 |
|
|
6.50 |
28-05-2001 |
|
6.00 |
|
31-03-2004 |
|
31.50 |
! & |
29-10-1994 |
|
|
6.00 |
05-03-2002 |
|
6.25 |
|
26-10-2005 |
|
25.00 |
|
25-10-1997 |
|
|
5.75 |
27-06-2002 |
|
6.50 |
|
24-01-2006 |
| |
|
|
|
|
|
5.50 |
30-10-2002 |
|
|
|
|
| |
|
|
|
|
|
5.00 |
03-03-2003 |
|
|
|
|
| |
|
|
|
|
|
4.50 |
25-08-2003 |
|
|
|
|
| |
|
|
|
|
|
4.75 |
27-10-2004 |
|
|
|
|
| |
|
|
|
|
|
5.00 |
29-04-2005 |
|
|
|
|
| |
|
|
|
|
|
5.25 |
26-10-2005 |
|
|
|
|
| |
|
|
|
|
|
5.50 |
24-01-2006 |
|
|
|
|
|
CRR:Cash Reserve Ratio.
SLR:Statutory Liquidity Ratio.
DL:Demand Liabilities.
TL:Time Liabilities.
*:Data for CRR are as percentage of domestic net demand and time liabilities (NDTL) as per
Section 42 of the RBI Act, 1934.
**:Till March 29, 1985, banks were required to maintain SLR as a prescribed proportion of gross
DTL as on every Friday in the following week on a daily basis. Thereafter, it is maintained daily on
a fortnightly basis as a prescribed portion of net DTL as on last Friday of second preceding fortnight.
Data pertain only to domestic deposits.
@:Excluding additional reserve requirements or release/exemption of CRR on incremental NDTL.
^:Refers to announcement dates.
+:SLR on NDTL as on April 3, 1992.
#:In addition, there was 30% SLR on the increase in NDTL over April 3, 1992 level.
^^:SLR on NDTL as on September 17, 1993.
$:In addition, there was 25% SLR on the increase in NDTL over September 17, 1993 level.
!:SLR on NDTL as on September 30, 1994.
&:In addition, there was 25% SLR on the increase in NDTL over September 30, 1994 level.
@@:In order to improve cash management by banks, effective from the fortnight, CRR is required
to be maintained by every scheduled commercial bank based on its NDTL as on the last Friday of
the second preceding fortnight.
##:With effect from October 29, 2004, nomenclature of repo and reverse repo has been interchanged
as per international usage. Prior to that date, repo indicated absorption of liquidity, while reverse
repo meant injection of liquidity.
Effective October 29, 2004, repo indicates injection of liquidity and reverse repo indicates absorption of liquidity.
The nomenclature in this Table is based on the new use of terms even for the period prior to October 29,2004.
The reverse repo and repo rates in this Table pertain to the period since the introduction of the
Liquidity Adjustment Facility on June 5, 2000. |
|