Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the  Quarter Ended  June 2005.

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

7.625-14

7.375-14.25

8-12.125

8-11.875

Foreign Banks

6.25-14.5

6.4-13.25

7.75-9

7.5-9.5

Private Sector Banks

7-15.5

7.5-15.75

10-12.75

9-13

Note : Data pertains to 86 banks , of which 28 are public sector banks, 29 are private sector banks and 29 are foreign banks.