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 September 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 |
4-15.5 |
5.75-16 |
4-15.5 |
6-16 |
Foreign Banks |
4.2-25 |
3-23 |
4.9-18 |
4.75-22 |
Private Sector Banks |
5.2-18.5 |
5-22 |
5.4-17.25 |
5-17.5 |
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