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 2004. |
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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 |
3.5-15.25 |
4-19.5 |
5.7-15 |
5.25-15.25 |
Foreign Banks |
3-23 |
4.45-23 |
4.5-23 |
4.45-16.5 |
Private Sector Banks |
2.62-21 |
4-22 |
5.25-16.5 |
4.6-16 |