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 December 2006. |
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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 |
4.5-16.5 |
4-16.5 |
6-15.5 |
6-16 |
Foreign Banks |
4.55-26.5 |
4.5-24 |
4.75-26.5 |
2.49-17 |
Private Sector Banks |
3.15-20.5 |
4-24 |
7-16.5 |
6.47-17 |
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