4. Interest Rates - RBI - Reserve Bank of India
4. Interest Rates
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4. Interest Rates
Date: September 19, 1998
(Per cent Per Annum) | ||||||
Item/Week ended | 1997 | 1998 | ||||
---|---|---|---|---|---|---|
Sept. 5 | August 7 | August 14 | August 21 | August 28 | Sept. 4 | |
1 | 2 | 3 | 4 | 5 | 6 | 7 |
Bank Rate | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
I.D.B.I.1 | 14.50 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
Prime Lending Rate2 | 13.50 | 12.75-13.0 | 12.75-13.0 | 12.75-13.0 | 12.75-13.0 | 12.75-13.0 |
Deposit Rate3 | 10.0-12.0 | 10.0-12.0 | 9.0-11.5 | 9.0-11.5 | 9.0-11.5 | 9.0-11.5 |
Call Money Rate (Low / High)4 | 1.00/8.50 | 6.00/7.75 | 5.00/7.30 | 5.00/30.0 | 0.50/30.0 | 8.50/21.0 |
(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) Interbank Call money rates as reported by DFHI |
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