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 June 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 |
10-15 |
9-15.25 |
11.5-14 |
11.5-14 |
Foreign Banks |
8.5-16.5 |
9.5-15.5 |
10-14 |
9.725-13 |
Private Sector Banks |
11.5-16.5 |
10-16.25 |
13-15 |
13-14.75 |
Note : Data pertains to 91 banks , of which 27 are public sector banks,29 are private sector banks and 35 are foreign banks. |