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Issue of Certificate of Deposits by Scheduled Commercial Banks

Appendix Table II.9 :

Issue of Certificate of Deposits by Scheduled
Commercial Banks

(Amount in Rs. crore)

Fortnight TotalRate of Discount Fortnight TotalRate of Discount
ended Outstanding(per cent) @ ended Outstanding(per cent) @

1997    1998   
         
         
Jan310,643  8.00 - 15.00 Jan26,876 6.50 - 11.75
 1710,507  8.00 - 16.50  167,0877.00 - 13.00
 3110,759  8.50 - 16.00  309,7327.00 - 26.00
         
Feb 1410,936  8.50 - 16.00 Feb139,9216.50 - 37.00
 2811,226  8.75 - 17.15  2712,3138.75 - 26.00
         
Mar1411,867  8.25 - 15.50 Mar1313,4148.25 - 26.00
 2812,134  7.00 - 15.75  2714,2967.20 - 26.00
         
Apr   1112,399  7.00 - 15.00 Apr1014,5848.25 - 24.00
 2511,964  8.50 - 14.25  2413,888 8.00 - 26.00
         
May    911,054  8.50 - 14.25 May811,351 7.50 - 16.50
 2311,037  7.75 - 14.25  2210,920 6.00 - 16.50
         
June   69,177  8.00 - 14.30 June510,945 6.00 - 13.25
  2010,103  8.50 - 14.30  199,754 6.50 - 13.65
         
July   49,219  8.00 - 14.30 July37,8866.00 - 12.75
 188,850  7.50 - 13.70  177,2878.00 - 12.50
Aug 18,672 7.50 - 12.00     
 158,869 7.25 - 12.50     
 298,419 7.00 - 14.00     
         
Sept  127,871 7.30 - 12.50     
 267,795 7.00 - 12.50     
         
Oct  107,572 7.50 - 12.00     
 247,441 7.75 - 12.50     
         
Nov   78,517 7.00 - 12.50     
 216,884 6.25 - 11.25     
         
Dec  56,901 5.00 - 11.50     
 196,607 6.50 - 11.50     


@  Effective Discount rate range per annum.

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