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 2004. |
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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 |
8-14.25 |
7.5-14.5 |
10.5-12.5 |
9.5-12.25 |
Foreign Banks |
5.74-15 |
7-14.25 |
6.75-9 |
7.25-11 |
Private Sector Banks |
7.375-15.625 |
7.75-16 |
11.25-13.25 |
9.5-13 |
Note : Data pertains to 87 banks , of which 27 are public sector banks, 30 are private sector banks and 30 are foreign banks. |
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