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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

1996 - 97               1,545.16               7.84              14.56            1.05


Mar. 1996                 290.96              28.75              41.62           12.93
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
Feb. 1997                  91.84               5.08               5.90            4.36
Mar. 1997                  91.53               4.35               5.03            3.23

Week Ended
-----------
Mar. 7,1997                14.97               5.02               8.00            2.50
Mar.14,1997                22.98               3.98               6.25            0.10
Mar.21,1997                32.74               5.03               6.50            1.50
Mar.28,1997                20.85               3.23               5.50            0.10
_______________________________________________________________________________________
                                        Source:Selected Commercial Banks & DFHI

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