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 lakh) excluding export credit for the quarter ended June 2010 |
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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 |
8.00 – 15.50 |
8.00 – 15.75 |
9.00 – 12.75 |
9.00 – 13.00 |
Foreign Banks |
6.25 – 14.00 |
6.50 – 13.50 |
7.50 – 11.00 |
8.00 – 11.00 |
Private Sector Banks |
8.63 – 17.50 |
8.25 – 17.88 |
10.00 – 14.00 |
10.00 – 14.00 |
Note : i) Data pertain to 80 banks, of which 27 are public sector banks,31 are foreign banks and 22 are private sector banks. |