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4. Interest Rates
81855883

4. Interest Rates

(Per cent Per Annum)
Item/Week ended 1997 1998
Sept. 5 August 7 August 14 August 21 August 28 Sept. 4
1 2 3 4 5 6 7
Bank Rate 10.00 9.00 9.00 9.00 9.00 9.00
I.D.B.I.1 14.50 14.00 14.00 14.00 14.00 14.00
Prime Lending Rate2 13.50 12.75-13.0 12.75-13.0 12.75-13.0 12.75-13.0 12.75-13.0
Deposit Rate3 10.0-12.0 10.0-12.0 9.0-11.5 9.0-11.5 9.0-11.5 9.0-11.5
Call Money Rate (Low / High)4 1.00/8.50 6.00/7.75 5.00/7.30 5.00/30.0 0.50/30.0 8.50/21.0
(1) Medium Term Lending Rate (MTLR).
(2) Prime Lending Rate relates to five major banks.
(3) Deposit Rate relates to five major banks for term deposits of more than one year maturity.
(4) Interbank Call money rates as reported by DFHI

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