4. Interest Rates

RbiAnnouncementWeb

Date: January 22, 2000


(per cent per annum)

		1999					2000

Item / week ended		Jan. 8	Dec. 10	Dec. 17	Dec. 24	Dec. 31	Jan. 7

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	9.00-11.50		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	8.50/9.50		7.50/8.25	7.25/8.05	7.75/8.10	4.25/8.10	6.00/8.40


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.