On Advances above Rs.2 lakh other than Export Credit - ଆରବିଆଇ - 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 September 2008 |
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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 |
9-17 |
9-17 |
11-14 |
10-14 |
Foreign Banks |
9.5-15 |
8.5-14.5 |
11.04-13.75 |
10.5-13.4 |
Private Sector Banks |
9.45-18.375 |
9.825-18.375 |
11.625-14.725 |
11.625-14.55 |
Note : Data pertains to 76 banks , of which 27 are public sector banks, 27 are foreign sector banks and 22 are private banks. |
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