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Bank Rate
Changes in Bank Rate/Penal Interest from time to time
From To Bank Rate Penal Interest Rate Total
19 Mar, 1998 02 Apr, 1998 10.50% 8% 18.50%
17 Jan, 1998 18 Mar, 1998 11% 8% 19%
22 Oct, 1997 16 Jan, 1998 9% 8% 17%
26 June, 1997 21 Oct, 1997 10% 8% 18%
16 Apr, 1997 25 June, 1997 11% 8% 19%