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 September 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 |
4.25 – 18.00 |
6.00 – 18.00 |
7.00 – 15.25 |
6.00 – 16.25 |
Foreign Banks |
3.75 – 21.99 |
3.73 – 21.00 |
3.75 – 15.80 |
6.15 – 18.50 |
Private Sector Banks |
3.00 – 22.00 |
4.75 – 29.50 |
5.00 – 18.25 |
6.50 – 19.00 |
Note : i) Data pertain to 79 banks, of which 27 are public sector banks,30 are foreign banks and 22 are private sector banks. |