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 lakh) excluding export credit for the quarter ended December 2009 |
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(per cent per annum) |
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Bank Group |
Interest rate range excluding 5% of business contracted at extreme rates |
Interest rate range at which at least 60% business contracted |
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Demand Loans |
Term Loans |
Demand Loans |
Term Loans |
|
Public Sector Banks |
3.25 – 18.00 |
6.00 – 18.00 |
7.00 – 15.50 |
6.00 – 16.25 |
Foreign Banks |
3.50 – 18.50 |
3.90 – 22.00 |
3.75 – 15.50 |
5.50 – 18.50 |
Private Sector Banks |
3.50 – 22.00 |
4.00 – 25.84 |
5.00 – 18.25 |
6.10 – 19.00 |
Note : i) Data pertain to 80 banks, of which 27 are public sector banks, 31 are foreign banks and 22 are private sector banks. |
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