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Tuesday, Dec 02, 2008

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Further deposit rate cuts only after inflation falls, says IBA

While asking all members to fall in line and lower interest rates on bulk deposits, Indian Banks' Association (IBA) On Monday said further reduction in term deposits rates for retail customers will depend on a fall in inflation. Full Story


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Banking Data



Instrument	01/12/2008	1 year ago

Call Rate	6.15	7.85

5 yrs GSec	7.11	7.83

10 yrs GSec	7.03	7.91

Bank rate	6.00	6.00

PLR	13.00/17.25	12.25/15.75

Deposit rate	8.00/9.50	8.00/9.50

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