4. Interest Rates

RbiAnnouncementWeb

Date: September 04, 1999


					(Per cent per annum)

	1998			1999
Item / week ended	Aug. 21	Jul. 23	Jul. 30	Aug. 6	Aug. 13	Aug. 20

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	12.00	12.00-12.50	12.00-12.50	12.00-12.50
Deposit Rate³	9.00-11.50	8.00-11.00	8.00-11.00	8.00-11.00	8.00-10.50	8.00-10.50
Call Money Rate (Low / High)⁴	5.00/30.00	7.90 / 9.50	7.00/8.15	7.75/9.25	8.25/35.00	9.60/12.50

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.