On Advances above Rs.2 lakh other than Export Credit - ଆରବିଆଇ - Reserve Bank of India
Table 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the Quarter Ended December 2007 |
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(per cent per annum) |
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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 |
4.5-17.5 |
4-17.75 |
7-17 |
6.75-17 |
Foreign Banks |
5.4-18.5 |
5-28 |
6-15.8 |
7-19 |
Private Sector Banks |
5.4-20.5 |
4-22 |
7-17.5 |
8.22-17.91 |