(in per cent)

     Occupation

State Bank of India and its Associates

Nationalised Banks

Foreign Banks

2007

2008

2007

2008

2007

2008

(1)

(2)

(3)

(4)

(5)

(6)

Weighted Average Lending Rate

I. Agriculture

11.50

11.42

11.64

11.64

13.50

12.74

    1. Direct Finance

11.57

11.60

11.19

11.41

14.19

12.24

    2. Indirect Finance

11.31

11.09

12.05

11.92

11.81

13.05

II. Industry

12.10

12.06

12.43

12.57

12.77

12.31

    1. Mining & Quarrying

12.45

12.13

11.79

12.89

11.94

11.04

    2. Manufacturing & Processing

12.09

12.06

12.41

12.54

12.81

12.27

    3. Electricity, Gas & Water

12.02

11.95

12.59

12.32

12.62

13.06

    4. Construction

12.06

12.08

12.53

12.73

12.43

12.62

III. Transport Operators

12.22

12.67

12.78

12.72

13.27

13.06

IV. Professional and Other Services

11.76

11.97

12.18

12.59

12.76

12.93

V. Personal Loans

10.48

10.98

10.38

11.09

13.47

14.17

    1. Loans for Purchase of Consumer Durables

14.14

14.64

13.89

14.08

15.75

18.29

    2. Loans for Housing

8.92

9.73

9.24

10.10

9.75

10.97

    3. Rest of the Personal Loans

13.61

13.41

13.38

13.29

17.56

17.28

VI. Trade

10.82

12.04

11.34

12.36

13.12

13.66

       1. Wholesale Trade

10.16

11.70

10.65

12.13

12.74

13.07

       2. Retail Trade

11.90

12.37

12.27

12.65

13.22

14.13

VII. Finance

12.99

12.26

12.26

12.76

13.23

13.02

VIII. All Others

11.67

12.09

11.74

12.52

13.80

13.40

Total Bank Credit

11.64

11.82

11.89

12.33

13.03

13.05

Weighted Average Deposit Rate of Term Deposits

7.74

8.49

8.02

8.56

9.03

8.03

Notes : 1. The data given here are based on the accounts with credit limit of over 2 lakhs.
2. The data are exclusive of Inland & Foreign Bills purchased and discounted.
3. Amount outstanding figures are used as weights for calculating average lending rates.
4. The deposit data corresponds to only term deposits.
5. The data for 2008 on average deposit rate are based on 65027 reporting branches out of 70207 total branches having term deposits.
6. Mid-points of the interest rate range were taken as values and total deposit amount in the range as weights.
Source : Basic Statistical Returns I & II, Department of Statistics and Information Management, RBI.

TABLE 11.4 : BANK GROUP-WISE AND OCCUPATION-WISE WEIGHTED AVERAGE LENDING RATE AND DEPOSIT RATE - 2007 AND 2008 (Concld.)

 (in per cent)

     Occupation

Regional Rural Banks

Other Scheduled Commercial Banks

All Scheduled Commercial Banks

2007

2008

2007

2008

2007

2008

(7)

(8)

(9)

(10)

(11)

(12)

Weighted Average Lending Rate

I. Agriculture

11.71

12.12

12.01

12.45

11.72

11.77

    1. Direct Finance

11.70

12.12

12.31

12.70

11.60

11.80

    2. Indirect Finance

11.87

12.06

11.56

11.79

11.88

11.71

II. Industry

11.70

12.23

12.37

12.71

12.36

12.44

    1. Mining & Quarrying

12.84

13.25

12.98

12.51

12.18

12.60

    2. Manufacturing & Processing

12.01

12.70

12.33

12.70

12.33

12.40

    3. Electricity, Gas & Water

12.61

12.59

13.57

12.81

12.64

12.31

    4. Construction

11.25

11.57

11.90

12.73

12.33

12.60

III. Transport Operators

12.44

12.83

12.18

11.78

12.49

12.29

IV. Professional and Other Services

12.08

12.47

12.51

12.85

12.26

12.59

V. Personal Loans

11.36

11.85

11.05

12.75

10.87

11.95

    1. Loans for Purchase of Consumer Durables

13.86

13.31

14.24

14.68

14.36

16.73

    2. Loans for Housing

10.23

10.69

8.68

11.45

9.01

10.54

    3. Rest of the Personal Loans

13.44

13.48

14.95

14.59

14.47

14.28

VI. Trade

12.00

12.83

12.18

12.82

11.54

12.45

     1. Wholesale Trade

12.51

12.74

11.92

12.46

10.77

12.13

     2. Retail Trade

11.85

12.85

12.36

13.08

12.37

12.78

VII. Finance

11.16

11.85

12.92

12.78

12.56

12.69

VIII. All Others

11.63

12.23

12.03

12.66

11.87

12.59

Total Bank Credit

11.70

12.18

11.91

12.68

11.92

12.34

Weighted Average Deposit Rate  of Term Deposits

7.51

8.19

8.98

9.31

8.22

8.71

Notes : 1. The data given here are based on the accounts with credit limit of over 2 lakhs.
2. The data are exclusive of Inland & Foreign Bills purchased and discounted.
3. Amount outstanding figures are used as weights for calculating average lending rates.
4. The deposit data corresponds to only term deposits.
5. The data for 2008 on average deposit rate are based on 65027 reporting branches out of 70207 total branches having term deposits.
6. Mid-points of the interest rate range were taken as values and total deposit amount in the range as weights.
Source : Basic Statistical Returns I & II, Department of Statistics and Information Management, RBI.