On Advances above Rs.2 lakh other than Export Credit - ਆਰਬੀਆਈ - Reserve Bank of India
Table 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the Quarter Ended September 2002. |
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(per cent pre 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 business is contracted |
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Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
|
Public Sector Banks |
6.5-16 |
8.7-16.5 |
8.5-16 |
8.7-16.5 |
Foreign Banks |
6.35-25 |
6.2-22.5 |
6.4-25 |
6.57-22.5 |
Private Sector Banks |
6-19.75 |
5-19.5 |
6.4-18 |
6.5-18 |
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