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Money Market Indicators (In Percentage)

Money Market Indicators (In Percentage)
  2019
Month April May June
Inter-Bank Call Rate 13.98 5.14 8.38
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 13.50 13.50 13.50
Treasury Bill Rate 10.24 10.00 10.14
Savings Deposit Rate 3.91 3.90 3.93
1 Month Deposit Rate 8.63 8.83 8.81
3 Months Deposit Rate 9.15 9.12 9.10
6 Months Deposit Rate 10.36 10.32 10.84
12 Months Deposit Rate 10.70 10.42 10.57
Prime Lending rate 18.23 15.33 15.80
Maximum Lending Rate 30.89 31.07 31.04
       

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Note: The Bank replaced MRR with MPR on December 11, 2006

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Choose year to display. 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
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Facts : 1/1/1995
National Clearing System Re-Visited:In January 1995, a revised clearing rule became operational to facilitate effective clearing of financial instruments and shorten the period of clearing. Consequently, inter-state cheque clearing time was reduced from 21 days to 15 days, while intra-state clearing has been reduced from 12 days to 9 days.
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