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 March 2006. |
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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 |
7-14 |
7-14.34 |
8-11.625 |
8-11.625 |
Foreign Banks |
6.75-13.625 |
6-12.875 |
8-9.75 |
7.525-9.75 |
Private Sector Banks |
8-15.25 |
7.5-15.75 |
9.5-13 |
9-13.175 |
Note : Data pertains to 84 banks , of which 28 are public sector banks, 28 are private sector banks and 28 are foreign banks. |
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