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 2003. |
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(per cent per 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 the business has been contracted |
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Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
|
Public Sector Banks |
5.5-15.5 |
5-16 |
8-15.5 |
5.5-16 |
Foreign Banks |
3.5-25 |
4.95-23 |
5-18 |
4.95-21 |
Private Sector Banks |
5.1-18.5 |
5-23 |
5.6-17.5 |
5.25-17 |
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