Table 20: Maintenance of Cash Ratio by Commercial Banks | ||||||
Week | Deposit | Average | Required | Excess | Average | |
Ended | Base1 | Cash | Minimum | Cash | Cash | |
Balances | Cash | Holdings | Ratios | |||
Held for | Balances | |||||
the Week | 5.5% of (1) | (2) - (3) | (2) / (1) | |||
(1) | (2) | (3) | ||||
(Rs million) | (Per cent) | |||||
4-Nov-99 | 77,689 | 4,503 | 4,273 | 230 | 5.80 | |
11-Nov-99 | 77,924 | 4,915 | 4,286 | 629 | 6.31 | |
18-Nov-99 | 77,851 | 4,875 | 4,282 | 593 | 6.26 | |
25-Nov-99 | 78,100 | 4,875 | 4,295 | 579 | 6.24 | |
2-Dec-99 | 79,164 | 4,747 | 4,354 | 393 | 6.00 | |
9-Dec-99 | 79,708 | 4,838 | 4,384 | 454 | 6.07 | |
16-Dec-99 | 79,507 | 5,108 | 4,373 | 735 | 6.42 | |
23-Dec-99 | 79,365 | 5,360 | 4,365 | 995 | 6.75 | |
30-Dec-99 | 80,527 | 5,396 | 4,429 | 967 | 6.70 | |
6-Jan-00 | 80,908 | 4,662 | 4,450 | 212 | 5.76 | |
13-Jan-00 | 81,147 | 4,851 | 4,463 | 388 | 5.98 | |
20-Jan-00 | 81,130 | 4,924 | 4,462 | 462 | 6.07 | |
27-Jan-00 | 81,183 | 5,040 | 4,465 | 575 | 6.21 | |
3-Feb-00 | 81,610 | 5,290 | 4,489 | 802 | 6.48 | |
10-Feb-00 | 82,270 | 4,760 | 4,525 | 235 | 5.79 | |
17-Feb-00 | 81,742 | 4,851 | 4,496 | 355 | 5.93 | |
24-Feb-00 | 81,210 | 4,611 | 4,467 | 145 | 5.68 | |
2-Mar-00 | 81,242 | 4,716 | 4,468 | 248 | 5.81 | |
9-Mar-00 | 81,836 | 4,688 | 4,501 | 187 | 5.73 | |
16-Mar-00 | 82,307 | 4,720 | 4,527 | 193 | 5.73 | |
23-Mar-00 | 82,242 | 4,755 | 4,523 | 232 | 5.78 | |
30-Mar-00 | 82,456 | 4,887 | 4,535 | 352 | 5.93 | |
6-Apr-00 | 82,733 | 4,817 | 4,550 | 267 | 5.82 | |
13-Apr-00 | 82,945 | 4,723 | 4,562 | 161 | 5.69 | |
20-Apr-00 | 82,315 | 4,914 | 4,527 | 387 | 5.97 | |
27-Apr-00 | 82,662 | 4,651 | 4,546 | 105 | 5.63 | |
1 The deposit base is lagged by one week. | ||||||