Table 19 : Maintenance of Cash Ratio by Commercial Banks

Table 19 : Maintenance of Cash Ratio by Commercial Banks
Week	Deposit	Average	Required	Excess	Average
Ended	Base*	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)
9-Jul-98	66,821	3,695	3,675	20	5.50
16-Jul-98	65,930	4,102	3,626	476	6.20
23-Jul-98	65,805	4,178	3,619	559	6.30
30-Jul-98	65,791	4,110	3,619	491	6.20
5-Nov-98	67,067	4,336	3,689	647	6.46
12-Nov-98	67,504	3,831	3,713	118	5.68
19-Nov-98	67,419	3,980	3,708	272	5.90
26-Nov-98	67,361	4,364	3,705	659	6.48
3-Dec-98	67,691	4,199	3,723	476	6.20
10-Dec-98	68,055	4,132	3,743	389	6.07
17-Dec-98	68,022	4,315	3,741	574	6.34
24-Dec-98	68,471	4,203	3,766	437	6.14
31-Dec-98	69,863	4,007	3,842	165	5.73
7-Jan-99	70,095	4,067	3,855	212	5.80
14-Jan-99	69,514	4,232	3,823	409	6.09
21-Jan-99	69,529	4,829	3,824	1,005	6.95
28-Jan-99	69,896	5,845	3,844	2,001	8.36
4-Feb-99	69,992	4,630	3,850	780	6.61
11-Feb-99	70,603	4,134	3,883	251	5.86
18-Feb-99	70,368	4,266	3,870	396	6.06
25-Feb-99	70,142	4,533	3,858	675	6.46
4-Mar-99	70,477	4,433	3,876	557	6.29
11-Mar-99	71,838	4,244	3,951	293	5.91
18-Mar-99	71,982	4,233	3,959	274	5.88
25-Mar-99	72,435	4,484	3,984	500	6.19
1-Apr-99	72,416	4,768	3,983	785	6.58
8-Apr-99	72,965	4,240	4,013	227	5.81
15-Apr-99	72,467	4,352	3,986	366	6.01
22-Apr-99	72,293	4,378	3,976	402	6.06
29-Apr-99	72,464	4,444	3,985	459	6.13
6-May-99	72,887	4,471	4,009	462	6.13
13-May-99	73,072	4,169	4,019	150	5.71
20-May-99	72,616	4,375	3,994	381	6.02
27-May-99	72,641	4,329	3,995	334	5.96
3-Jun-99	73,228	4,126	4,028	98	5.63
10-Jun-99	73,908	4,228	4,065	163	5.72
17-Jun-99	73,748	4,350	4,056	294	5.90
24-Jun-99	73,740	4,523	4,056	467	6.13
1-Jul-99	74,159	4,910	4,079	831	6.62
8-Jul-99	75,289	4,217	4,141	76	5.60
15-Jul-99	74,828	4,228	4,116	112	5.65
22-Jul-99	74,747	4,446	4,111	335	5.95
29-Jul-99	75,191	4,322	4,136	186	5.75
* : The deposit base is lagged by one week.