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 September 2002. |
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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 |
10.5-15.5 |
11.5-16 |
12-14 |
12.25-14 |
Foreign Banks |
12-17.5 |
11.89-17 |
13.25-14.8 |
12.875-14.5 |
Private Sector Banks |
12.375-17.25 |
11.5-17 |
14-16.25 |
13.5-15 |
Note : Data pertains to 89 banks ,of which 27 are public sector banks, 29 are private sector banks and 33 are foreign banks. |
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