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4. Interest Rates
81865914

4. Interest Rates

(Per cent per annum)


 

1998

1999


Item / week ended

Jun. 5

May 7

May 14

May 21

May 28

Jun. 4


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

12.75-13.00

12.00-12.50

12.00-12.50

12.00-12.50

12.00-12.50

12.00-12.50

Deposit Rate3

9.00-12.00

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

2.50/6.25

7.90/11.00

8.50/11.00

7.00/11.10

7.85/9.25

6.75/ 9.15


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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