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4. Interest Rates
81867625

4. Interest Rates

(Per cent per annum)


 

1998

1999


Item / week ended

May 8

Apr. 9

Apr. 16

Apr. 23

Apr. 30

May 7


1

2

3

4

5

6

7


Bank Rate

9.00

8.00

8.00

8.00

8.00

8.00

I.D.B.I.1

14.00

13.50

13.50

13.50

13.50

13.50

Prime Lending Rate2

13.00-14.00

12.00-12.50

12.00-12.50

12.00-12.50

12.00-12.50

12.00-12.50

Deposit Rate3

10.00-12.00

8.00-10.50

8.00-10.50

8.00-10.50

8.00-10.50

8.00-10.50

Call Money Rate (Low / High)4

3.00/8.25

0.25/8.60

6.50/8.30

6.50/8.95

7.90/9.50

7.90/11.00


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. Inter-Bank Call Money Rates as reported by DFHI.

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