Policy Rates and Reserve Ratios

 

Policy rates, reserve ratios, lending and deposit rates as of September 2019

Policy rates

Bank Rate

3.25%

Repo Rate

3.0%

Reverse Repo Rate

2.75%

Marginal Standing Facility Rate

3.25%

Reserve ratios

 
 

Cash Reserve Ratio (CRR)

4%

Statutory Liquidity Ratio (SLR)

20.00%

Lending and deposit rates

Base Rate

4.65%–5.45%

MCLR (overnight)

3.70%–3.95%

Savings Deposit Rate

2.50%–3.00%

Term Deposit Rate for > 1year

4.25%–6.75%