| 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) | |||||
| 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 | |
| * : The deposit base is lagged by one week. | ||||||