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 lakh) excluding export credit for the quarter ended June 2010 |
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(per cent per annum) |
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Bank Group |
Interest rate range excluding 5 % of business contracted at extreme rates |
Interest rate range at which at least 60 % business contracted |
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Demand Loans |
Term Loans |
Demand Loans |
Term Loans |
|
Public Sector Banks |
3.25 – 18.00 |
4.00 – 18.00 |
5.75 – 15.25 |
5.50 – 16.25 |
Foreign Banks |
3.60 – 17.00 |
4.60 – 25.00 |
4.54 – 16.50 |
6.05 – 18.51 |
Private Sector Banks |
2.80 – 22.00 |
3.80 – 26.00 |
4.00 – 18.25 |
7.10 – 19.00 |
Note : i) Data pertain to 80 banks, of which 27 are public sector banks, 31 are foreign banks and 22 are private sector banks. |
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