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Document - Table 11.1 : Cash Reserve Ratio and Interest Rates - 2007-08 () or PDF - Table 11.1 : Cash Reserve Ratio and Interest Rates - 2007-08 ()
Date : Dec 22, 2008
Table 11.1 : Cash Reserve Ratio and Interest Rates - 2007-08

TABLE 11.1 : CASH RESERVE RATIO AND INTEREST RATES - 2007-08

(in per cent)

Items

April

May

June

July

August

September

2007

2007

2007

2007

2007

2007

(1)

(2)

(3)

(4)

(5)

(6)

a.

Cash Reserve Ratio (1)

6.25

6.50

6.50

6.50

7.00

7.00

b.

Bank Rate

6.00

6.00

6.00

6.00

6.00

6.00

c.

Prime Lending Rate (2)

12.75-13.25

12.75-13.25

12.75-13.25

12.75-13.25

12.75-13.25

12.75-13.25

d.

Deposit Rate (3)

7.50-9.00

7.50-9.00

7.50-9.60

7.50-9.60

8.00-9.50

8.00-9.50

e.

Call Money Rate (4)

Borrowing

(i)

High

15.00

8.25

9.50

1.50

8.40

9.50

(ii)

Low

4.00

1.95

0.30

0.10

2.50

2.75

Lending

(i)

High

15.00

8.25

9.50

1.50

8.40

9.50

(ii)

Low

4.00

1.95

0.30

0.10

2.50

2.75

Notes : 1. As applicable to Scheduled Commercial Banks (excluding Regional Rural Banks) as on last Friday.
2. Prime Lending Rate (PLR) relates to five major banks.
3. Deposit rate relates to major banks for term deposits of more than one year maturity.
4. Data cover 90-95 per cent of total transactions reported by major participants. Based on highs/lows of the the weeks ending on Fridays of the month.
Source : Weekly Statistical Supplement, various issues.

TABLE 11.1 : CASH RESERVE RATIO AND INTEREST RATES - 2007-08 (Concld.)

(in per cent)

October

November

December

January

February

March

Items

2007

2007

2007

2008

2008

2008

(7)

(8)

(9)

(10)

(11)

(12)

a.

Cash Reserve Ratio (1)

7.00

7.50

7.50

7.50

7.50

7.50

b.

Bank Rate

6.00

6.00

6.00

6.00

6.00

6.00

c.

Prime Lending Rate (2)

12.75-13.25

12.75-13.25

12.75-13-25

12.75-13.25

12.25-13.00

12.25-12.75

d.

Deposit Rate (3)

8.00-9.50

8.00-9.00

8.25-9.00

8.25-9.00

8.25-9.00

8.25-900

e.

Call Money Rate (4)

Borrowing

(i)

High

6.20

8.10

8.55

8.40

9.00

9.00

(ii)

Low

3.75

4.00

6.00

4.50

3.50

4.00

Lending

(i)

High

6.20

8.10

8.55

8.40

9.00

9.00

(ii)

Low

3.75

4.00

6.00

4.50

3.50

4.00

Notes : 1. As applicable to Scheduled Commercial Banks (excluding Regional Rural Banks) as on last Friday.
2. Prime Lending Rate (PLR) relates to five major banks.
3. Deposit rate relates to major banks for term deposits of more than one year maturity.
4. Data cover 90-95 per cent of total transactions reported by major participants. Based on highs/lows of the the weeks ending on Fridays of the month.
Source : Weekly Statistical Supplement, various issues.