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 September 2004. |
||||
(per cent per annum) |
||||
Interest Rate Range excluding 5% of business contracted at Extreme Rate |
Interest Rate Range at which at least 60% of the business has been contracted |
|||
Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
|
Public Sector Banks |
2.75-16.5 |
5-16 |
4.75-15 |
6-15 |
Foreign Banks |
2.55-21.5 |
3.1-23 |
2.55-18 |
3.1-18 |
Private Sector Banks |
3.15-20 |
4-21.48 |
5-16.5 |
4.6-16.5 |