4. Interest Rates - RBI - Reserve Bank of India
4. Interest Rates
(Per cent per annum) | ||||||
1998 | 1999 | |||||
Item / week ended | May 15 | Apr. 16 | Apr. 23 | Apr. 30 | May 7 | May 14 |
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 | 9.00-12.00 | 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 | 6.00/9.60 | 6.50/8.30 | 6.50/8.95 | 7.90/9.50 | 7.90/11.00 | 8.50/11.00 |
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. | ||||||
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