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 2004. |
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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 |
|||
Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
|
Public Sector Banks |
8-14.25 |
8-14.5 |
11-12.75 |
11-12.75 |
Foreign Banks |
6.05-15 |
7.25-14.625 |
7.5-11 |
7.995-11.6 |
Private Sector Banks |
10.5-15.875 |
9.5-16 |
12-14 |
11.25-14 |
| Note : Data pertains to 88 banks , of which 27 are public sector banks, 30 are private sector banks and 31 are foreign banks. | ||||
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