| Table 19: 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) | |||||
| 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 | |
| 5-Aug-99 | 75,265 | 4,170 | 4,140 | 30 | 5.54 | |
| 12-Aug-99 | 75,260 | 4,181 | 4,139 | 42 | 5.56 | |
| 19-Aug-99 | 74,903 | 4,504 | 4,120 | 384 | 6.01 | |
| 26-Aug-99 | 75,090 | 4,575 | 4,130 | 445 | 6.09 | |
| 1 The deposit base is lagged by one week. | ||||||