Bank Rate

Cash Reserve Ratio*

Statutory Liquidity 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

20.00

16-03-1949

(b) 2% of TL

3.0

28-11-1935

(a) 5% of DL

06-03-1960

(b) 2% of TL@

25.00

16-09-1964

(a) 5% of DL

06-05-1960

(b) 2% of TL@

3.5

15-11-1951

(a) 5% of DL

11-11-1960

26.00

05-02-1970

(b) 2% of TL

27.00

24-04-1970

3.00

16-09-1962

28.00

28-08-1970

5.00

29-06-1973

4.0

16-05-1957

6.00

08-09-1973

7.00

22-09-1973

29.00

04-08-1972

5.00

01-07-1974

30.00

17-11-1972

4.50

14-12-1974

4.5

03-01-1963

4.00

28-12-1974

5.00

04-09-1976

32.00

08-12-1973

6.00

13-11-1976

6.00@

14-01-1977

5.0

26-09-1964

6.00@

01-07-1978

33.00

01-07-1974

6.00@

05-06-1979

6.50

31-07-1981

7.00

21-08-1981

34.00

01-12-1978

6.0

17-02-1965

7.25

27-11-1981

7.50

25-12-1981

7.75

29-01-1982

34.50

25-09-1981

7.25

09-04-1982

35.00

30-10-1981

5.0

02-03-1968

7.00

11-06-1982

7.50

27-05-1983

35.50

28-07-1984

8.00

29-07-1983

36.00

01-09-1984

8.50

27-08-1983

6.0

09-01-1971

8.50@

12-11-1983

9.00@

04-02-1984

36.50

08-06-1985

9.00@

27-10-1984

37.00

06-07-1985

9.00@

01-12-1984

7.0

31-05-1973

9.00@

26-10-1985

9.00@

22-11-1986

9.50@

28-02-1987

37.50

25-04-1987

9.50@

23-05-1987

9.0

23-07-1974

10.00@

24-10-1987

10.00@

23-04-1988

38.00

02-01-1988

10.50@

02-07-1988

11.00@

30-07-1988

10.0

12-07-1981

15.00@

01-07-1989

15.00@

04-05-1991

38.50

22-09-1990

15.00@

11-01-1992

15.00@

(21-04-1992)^

11.0

04-07-1991

15.00@

08-10-1992

38.50 + #

(29-02-1992) ^

14.50

17-04-1993

12.0

09-10-1991

14.00

15-05-1993

14.50

11-06-1994

38.25 +

09-01-1993

14.75

09-07-1994

38.00 +

06-02-1993

15.00

06-08-1994

37.75 +

06-03-1993

11.0

16-04-1997

14.50

11-11-1995

37.50 +

21-08-1993

14.00

09-12-1995

37.25 +

18-09-1993

Bank Rate

Cash Reserve Ratio*

Statutory Liquidity Ratio**

Rate

Effective date

Rate

Effective date

Rate

Effective date

1

2

3

4

5

6

10.0

26-06-1997

13.50

27-04-1996

34.75 ^^ $

16-10-1993

13.00

11-05-1996

9.0

22-10-1997

12.00

06-07-1996

11.50

26-10-1996

34.25 ^^

20-08-1994

11.00

09-11-1996

33.75 ^^

17-09-1994

10.50

04-01-1997

31.50 ! &

29-10-1994

11.0

17-01-1998

10.00

18-01-1997

9.75

25-10-1997

10.5

19-03-1998

9.50

22-11-1997

25.00

25-10-1997

10.00

06-12-1997

10.0

03-04-1998

10.50

17-01-1998

10.25

28-03-1998

9.0

29-04-1998

10.00

11-04-1998

11.00

29-08-1998

10.50

13-03-1999

10.00

08-05-1999

8.0

02-03-1999

9.50@@

06-11-1999

9.00

20-11-1999

7.0

02-04-2000

8.50

08-04-2000

8.00

22-04-2000

8.0

22-07-2000

8.25

29-07-2000

8.50

12-08-2000

7.5

17-02-2001

8.25

24-02-2001

8.00

10-03-2001

7.0

02-03-2001

7.50

19-05-2001

6.5

23-10-2001

5.75

03-11-2001

6.25

30.10.2002

5.50

29-12-2001

5.00

01.06.2002

4.75

16.11.2002

6.0

30.04.2003

4.50

14.06.2003

4.75

18-09-2004

5.00

02-10-2004

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 will be maintained by every scheduled commercial bank based
on its NDTL as on the last Friday of the second preceding fortnight. Further,
to facilitate banks to tide over the contingency during the millennium change,
it has been decided to treat cash in hand maintained by banks for
compliance of CRR for a limited period of two months commencing
from December 1, 1999 to January 31, 2000. Cash in hand, which will be
counted for CRR purpose during the above period, cannot be treated
as eligible asset for SLR purpose simultaneously.