On Advances above Rs.2 lakh other than Export Credit - RBI - Reserve Bank of India
Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the Quarter Ended December 2003. |
||||
|
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 |
8.75-14.5 |
8.5-15 |
11.5-13 |
11-13.25 |
Foreign Banks |
7.5-16 |
7.65-15.5 |
7.75-13.65 |
9-13 |
Private Sector Banks |
11.5-16 |
9.75-16 |
12.5-14.5 |
11.5-14.5 |
Note : Data pertains to 90 banks , of which 27 are public sector banks,29 are private sector banks and 35 are foreign banks. |
||||
Install the RBI mobile application and get quick access to the latest news!
