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 March 2003. |
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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 |
10-15 |
9.75-15.25 |
11.5-14 |
12-14 |
Foreign Banks |
9.5-17 |
9.65-15.5 |
10.5-12.75 |
10.25-13.5 |
Private Sector Banks |
11.5-16.5 |
10-16.5 |
13.5-15.5 |
13-15 |
Note : Data pertains to 90 banks , of which 27 are public sector banks,29 are private sector banks and 34 are foreign banks. |
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