On Advances above Rs.2 lakh other than Export Credit - ਆਰਬੀਆਈ - 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 2006. |
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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 |
7.75-15 |
8-15 |
8.25-11.5 |
8.5-12.125 |
Foreign Banks |
7.25-14.04 |
6.575-11.3 |
8.075-9.57 |
7.845-9.75 |
Private Sector Banks |
8.5-16 |
8.25-16 |
10-13.5 |
9.45-13.5 |
Note : Data pertains to 83 banks , of which 28 are public sector banks, 27 are private sector banks and 28 are foreign banks. |
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