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 Decmber 2002. |
||||
|
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 |
10-15 |
11.5-15.5 |
11.85-14 |
12.25-14 |
Foreign Banks |
11-17 |
10.5-16.5 |
12-14.75 |
11.7-13.625 |
Private Sector Banks |
12-16.5 |
10.5-16.5 |
13.5-15.75 |
13.5-15 |
Note : Data pertains to 91 banks , of which 27 are public sector banks,29 are private sector banks and 35 are foreign banks. |
||||