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 December 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 |
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Public Sector Banks |
7.625-15 |
8-15.05 |
8-11.875 |
8.5-12 |
Foreign Banks |
7.37-14.15 |
6.95-12.5 |
8.05-10 |
8-9.5 |
Private Sector Banks |
8.45-16 |
8-16.25 |
10-13.125 |
9.225-12.625 |
Note : Data pertains to 82 banks, of which 28 are public sector banks, 28 are foreign sector banks and 26 are private banks. |
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