|Adjustments||Not Seasonally Adjusted|
|Data||31 Jul 2020||4.25|
|24 Jul 2020||4.25|
|Monetary Policy Rate||07 Aug 2020||4||4||%, NSA||Daily|
|Money Market Rate||07 Aug 2020||3.35||3.35||%, NSA||Daily|
|Stock Market Index||07 Aug 2020||38,040||38,025||Index, NSA||Daily|
|Lending Rate||31 Jul 2020||4.25||4.25||%, NSA||Friday Weekly|
|Average Long-term Government Bond||27 May 2020||3.41||3.79||% p.a., NSA||Wednesday Weekly|
|Treasury Bills (over 31 days)||27 May 2020||4||3.75||% p.a., NSA||Wednesday Weekly|
The bank rate is the standard rate at which the Reserve Bank of India is prepared to buy or re-discount bills of exchange or other commercial paper eligible for purchase under the Reserve Bank of India Act, 1934. Prime lending rates refer to the benchmark lending rates announced by banks for commercial credit.
Data are disseminated on the following:
With respect to a policy variable rate, the RBI gives interest rate signals through a number of interest rates, viz., the RBI's repo/reverse repo rate and the bank rate. As such, the RBI follows a multiple indicator approach to influence market rates of interest.
The maximum and minimum benchmark prime lending rates are provided as percentage and per annum basis. Bank rate is also annual percentages.
Source data collection programs
Data on prime lending rates are obtained by way of specific returns.
Other statistical procedures
No seasonal adjustments or estimations are done.
The data for the 10-year rate refers to the par yield rates.
The data are final when first released and are not subject to revision.