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 March 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 |
8.5-16.25 |
9-16.5 |
9.625-13.625 |
9.5-13.125 |
Foreign Banks |
8.35-13.75 |
7.75-13 |
9.75-12 |
9.25-11 |
Private Sector Banks |
9-17 |
8.5-17 |
11-13.5 |
11-13.5 |
Note : Data pertains to 78 banks , of which 28 are public sector banks, 27 are foreign sector banks and 23 are private banks. |
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