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4. Interest Rates
81855559

4. Interest Rates

  (Per cent per annum)

  1997
1998
Item / week ended Sept. 26 Aug. 28 Sept. 4 Sept. 11 Sept. 18 Sept. 25

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 9.0-11.5 9.0-11.5 9.0-11.5 9.0-11.5 9.0-11.5
Call Money Rate (Low / High)4 0.10/10.50 0.50/30.0 0.50/30.0 8.50/21.0 3.00/9.50 4.0/8.40

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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