(Per cent per annum)

Year

Call/Notice

Commercial Bank Rates

Money

Deposit Rates(ii)  (iii)

Lending Rates

Rates (i)

1 to 3

Over

Above

SBI

Key lending rates as prescribed by RBI

years

3 yrs.

5 yrs.

Advance

(All commercial banks including SBI)

& upto

Rate(iv)

Ceiling Rate

Minimum

Minimum Rate

5 yrs

General

Rate

Selective

General(v) (vi)

Credit Control

1

2

3

4

5

6

7

8

9

1970-71

6.38

6.00-6.50

7

7.25

7.00-8.50

-

-

-

1971-72

5.16

6

6.5

7.25

8.5

-

-

12

1972-73

4.15

6

6.5

7.25

8.5

-

-

12

1973-74

7.83

6

7

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

9

10

14

16.5

12.5

14.00-15.00

1976-77

10.84

8

9

10

14

16.5

12.5

14.00-15.00

1977-78

9.28

6

8

9

13

15

12.5

14.00-15.00

1978-79

7.57

6

7.5

9

13

15

12.5

14.00-15.00

1979-80

8.47

7

8.5

10

16.5

18

12.5

15.50-18.00

1980-81

7.12

7.50-8.50

10

10

16.5

19.40-19.50

13.5

16.70-19.50

1981-82

8.96

8.00-9.00

10

10

16.5

19.5

-

17.50-19.50

1982-83

8.78

8.00-9.00

10

11

16.5

19.5

-

17.50-19.50

1983-84

8.63

8.00-9.00

10

11

16.5

18

-

16.50-18.00

1984-85

9.95

8.00-9.00

10

11

16.5

18

-

16.50-18.00

1985-86

10

8.50-9.00

10

11

16.5

17.5

-

16.50-17.50

1986-87

9.99

8.50-9.00

10

11

16.5

17.5

-

16.50-17.50

1987-88

9.88

9.00-10.00

10

10

16.5

16.5

-

16.5

1988-89

9.77

9.00-10.00

10

10

16.5

-

16

16

1989-90

11.49

9.00-10.00

10

10

16.5

-

16

16

1990-91

15.85

9.00-10.00

11

11

16.5

-

16

16

1991-92

19.57

12

13

13

16.5

-

19

19

1992-93

14.42

11

11

11

19

-

17

17

1993-94

6.99

10

10

10

19

-

14

15

1994-95

9.4

11

11

11

15

-

15

@

Free

1995-96

17.73

12

13

*

13

*

16.5

-

16.5

@

Free

1996-97

7.84

11.00-12.00

*

12.00-13.00

*

12.50-13.00

*

14.5

-

14.50-15.00

@

Free

1997-98

8.69

10.50-11.00

*

11.50-12.00

*

11.50-12.00

*

14

-

14

@

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

-

12.00-12.50

@

Free

2000-01

9.15

8.50-9.00

*

9.50 - 10.00

*

9.50-10.00

*

11.5

-

11.00- 12.00

@

Free

2001-02

7.16

7.50 - 8.50

*

8.00 - 8.50

*

8.00 - 8.50

*

11.5

-

11.00-12.00

@

Free

2002-03#

5.9

4.25 - 6.00

*

5.75 - 6.25

*

5.75 - 6.25

*

10.75

-

10.75-11.50

@

Free

*

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.

#

As on January 17, 2003.

^

Average up to January 2003.

(Per cent per annum)

Year

Prime Lending Rates of Term Lending Institutions

Units of UTI $$

Annual (Gross) Yield

IDBI

IFCI

ICICI

IIBI / IRCI^(vii)

SFCs^*(viii)

(July-June)

Redemption Yield@

Dividend

Yield

Government of India Securities^(x)

Rate

Rate^(ix)

Short-term

Medium

Long

Term

Term

(1-5 yrs.)

(5-15 yrs.)

(15 yrs. &

Above)

1

10

11

12

13

14

15

16

17

18

19

1970-71 

8.5

9

8.5

-

7.50-10.50

8

7.55

3.85-4.28

4.32-4.84

4.77-5.53

(7.00-8.50)

1971-72

8.5

9

8.5

-

8.50-11.00

8.25

.

4.21-4.17

4.53-5.25

5.00-5.74

(7.50-8.00)

1972-73

8.5

9

8.5

-

8.50-10.50

8.5

.

4.46-4.98

4.08-5.28

5.00-5.74

(7.50-9.75)

1973-74

9

9.5

9

8.5

9.00-11.00

8.5

.

4.47-5.05

4.74-5.34

5.00-5.74

(7.50-10.50)

1974-75

10.25

11.25

10.25

8.5

8.00-13.00

8.6

8.25

5.00-5.65

5.18-5.99

5.93-6.39

(8.00-10.50)

1975-76

11

12

11

8.5

8.00-14.50

8.75

8.33

5.20-6.04

5.47-6.02

6.08-6.48

(8.00-11.00)

1976-77

11

11

11

8.5

8.00-15.50

9

8.51

5.18-5.59

5.43-5.97

6.02-6.47

(8.00-11.00)

1977-78

11

11

11

8.5

8.00-15.50

9

7.96

5.06-5.59

5.42-5.98

6.03-6.46

(8.00-11.00)

1978-79

11

11

11

8.5

8.00-15.50

9

7.67

5.12-5.48

5.47-6.25

6.12-6.73

(8.00-11.00)

1979-80

11

11

11

8.5

8.00-15.50

10

8.56

4.70-5.74

5.70-6.30

6.20-6.98

(8.00-11.00)

1980-81

14

14

14

9.15

12.00-16.00

11.5

9.62

4.74-6.01

5.80-6.75

6.44-7.49

(12.00-14.50)

1981-82

14

14

14

9.15

11.25-14.00

12.5

10.29

5.32-6.43

5.81-7.02

6.45-8.00

(12.50-14.00)

1982-83

14

14

14

12.5

12.50-17.00

13.5

10.65

4.98-8.46

6.25-7.77

6.46-9.00

(12.50-14.50)

1983-84

14

14

14

12.5

14.00-18.00

14

10.49

4.50-7.08

6.67-9.04

6.47-10.00

(11.50-16.50)

1984-85

14

14

14

12.5

14.00-20.00

14.25

10.44

4.20-8.31

6.47-9.04

7.93-10.50

(12.50-18.50)

1985-86

14

14

14

12.5

11.50-16.50

15.25

11.75

5.42-9.84

6.49-9.50

8.38-11.50

(11.50-16.50)

1986-87

14

14

14

12.5

11.50-16.50

16

12.27

5.09-11.60

6.50-10.86

8.88-11.50

(11.50-16.50)

1987-88

14

14

14

14

11.50-16.50

16.5

12.56

6.86-15.78

6.51-11.73

9.17-11.50

(11.50-16.50)

1988-89

14

14

14

14

11.50-16.50

18

13.58

7.03-23.88

6.76-13.77

9.36-11.73

(11.50-16.50)

1989-90

14

14

14

14

11.50-16.50

18

13.35

7.56-18.36

7.69-15.06

10.05-11.80

(11.50-16.50)

1990-91

14.00-15.00

14.00-15.00

14.00-15.00

14.00-15.00

.

19.5

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

.

25

16.4

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

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

17.68

11.86-12.86

12.70-13.30

12.85-13.43

1994-95

15

14.50-18.50

14.00-17.50

14.50-17.50

(12.00-13.50)

26

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

15.50-18.50

(12.00-13.50)

20

12.66

6.00-14.28

5.75-14.07

11.84-13.02

1996-97

16.2

15.00-19.50

16.5

17

(12.00-27.50)

20

13.95

5.21-16.21

5.75-14.44

9.00-14.20

1997-98

13.3

14.50-18.00

14.00-14.50

12.50-13.50

(12.00-18.00)

20

13.85

5.50-17.69

5.20-14.00

9.00-13.17

1998-99

13.5

13.50-17.00

13

.

12-18.5

13.5

9.46

4.45-17.73

5.75-13.74

10.00-13.46

1999-00

13.60-17.10

$

13.50-17.00

$

12.5

$

14

12-18.0

13.75

10.19

3.18-14.30

6.50-13.84

9.79-13.11

2000-01

14

13

12.5

13.25

9.75-17.0

10

7.32

4.94-16.66

9.37-12.50

10.58-11.89

2001-02

11.5

12.5

12.5

11.5

10.25-16.75

.

.

5.32-10.96

5.14-13.85

7.41-10.86

Figures in brackets indicate lending rate charged to Small Scale Industries.

@

: Monthly redemption yield is computed from April 2000 as the mean of the daily weighted average yields 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 of transactions in the said security. Prior to April 2000, the redemption yield was not weighted and was computed as an average of daily prices of each security.

$

: Relates to long-term prime lending rates in January 2000.

$$

: Data for Dividend Rate and Yield Rate are based on data received from Unit Trust of India.

Also see Notes on  Tables.

Source 

1:   Respective financial institutions.

2:   Reserve Bank of India.