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No. 14 : CALL MONEY RATES OF MAJOR COMMERCIAL BANKS - (MUMBAI)



                                 (Turnover in Rs.thousand crore)
                                 (Rates      per cent per annum )
_____________________________________________________________________
      Year/              Annual/              Call Money Rate
      Month/            Monthly/  -----------------------------------
    Week ended            Weekly     Weighted       High         Low
      Friday         Turnover(2)   average(1)
_____________________________________________________________________
        1                2                 3           4           5
_____________________________________________________________________
1991-92                 1,644.79       19.57       40.28        8.57

1993-94                 2,251.36        6.99       23.64        2.96

1994-95                 1,703.18        9.40       26.51        2.93

1995-96                 2,098.09       17.73       41.62        7.64

Jan.1996                  173.16       14.53       22.15       11.89
Jul.1996                  123.85        3.59        5.80        1.13
Aug.1996                  108.12        6.07       10.48        2.82
Sep.1996                  107.69        8.36       10.56        5.81
Oct.1996                  125.43        9.58       10.70        8.90
Nov.1996                  148.98        6.26       10.35        3.23
Dec.1996                   96.26        8.07       11.03        1.05
Jan.1997                  136.44        4.84       10.52        2.16
Week Ended
-----------
Jan. 3,1997                23.52       10.52       11.30        0.10
Jan.10,1997                30.51        4.97        7.50        3.50
Jan.17,1997                31.01        3.22        8.00        0.10
Jan.24,1997                29.86        3.87       10.90        2.75
Jan.31,1997                21.49        2.16        4.25        0.10
_____________________________________________________________________


                                 Source:Selected Commercial Banks & DFHI

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