On Advances above Rs.2 lakh other than Export Credit - RBI - Reserve Bank of India
Table 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the Quarter Ended June 2002. |
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(per cent pre annum) |
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|
Interest Rate Range excluding 5% of business contracted at Extreme Rate |
Interest Rate Range at which at least 60% of business is contracted |
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Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
|
Public Sector Banks |
6.5-16.25 |
8.5-16.5 |
8.5-16 |
9.75-16.5 |
Foreign Banks |
6.9-25 |
6.92-22.5 |
6.9-18 |
7.2-22.5 |
Private Sector Banks |
6-19.75 |
5-19.5 |
6.4-19.5 |
6.75-19 |
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