On Advances other than Rupee Export Credit - ਆਰਬੀਆਈ - Reserve Bank of India
Table 2 : Median Range of Interest Rates on Advances for the Quarter ended September 2023 | ||||||||||||
(Per cent per annum) | ||||||||||||
Bank Group | Interest Rate Range including all of business contracted at Extreme Rate | Interest Rate Range at which at least 60% of the business has been contracted | ||||||||||
Cash Credit | Demand Loan | Term Loan | Cash Credit | Demand Loan | Term Loan | |||||||
Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | |
Public Sector Banks | 5.03 | 16.48 | 5.08 | 16.63 | 4.50 | 16.88 | 8.13 | 14.65 | 7.20 | 10.58 | 7.30 | 13.08 |
Pvt. Sec. Banks | 7.43 | 19.72 | 6.17 | 19.25 | 4.00 | 25.00 | 9.13 | 12.53 | 8.20 | 10.35 | 7.27 | 16.25 |
Foreign Banks | 8.66 | 12.68 | 7.35 | 10.28 | 6.78 | 11.20 | 9.60 | 10.58 | 7.73 | 8.58 | 7.87 | 9.97 |
Table 1 : Range of Interest Rates on Outstanding Loans for the Quarter ended June 2024 | ||||||||||||
(Per cent per annum) | ||||||||||||
Interest Rate Range including all | Interest Rate Range at which at least | |||||||||||
Bank Group | of business contracted at Extreme Rate | 60% of the business has been contracted | ||||||||||
Cash Credit | Demand Loan | Term Loan | Cash Credit | Demand Loan | Term Loan | |||||||
Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | |
Public Sector Banks | 4.00 | 36.50 | 4.00 | 36.00 | 4.00 | 36.00 | 4.50 | 18.35 | 5.00 | 18.75 | 4.00 | 19.09 |
Pvt. Sec. Banks | 3.50 | 47.88 | 1.25 | 47.40 | 1.50 | 47.88 | 3.50 | 47.88 | 5.15 | 47.40 | 2.00 | 47.88 |
Foreign Banks | 7.31 | 45.63 | 5.00 | 47.88 | 1.00 | 42.00 | 7.54 | 45.63 | 5.00 | 47.88 | 4.94 | 42.00 |
Table 2 : Median Range of Interest Rates on Outstanding Loans for the Quarter ended June 2024 | ||||||||||||
(Per cent per annum) | ||||||||||||
Interest Rate Range including all | Interest Rate Range at which at least | |||||||||||
Bank Group | of business contracted at Extreme Rate | 60% of the business has been contracted | ||||||||||
Cash Credit | Demand Loan | Term Loan | Cash Credit | Demand Loan | Term Loan | |||||||
Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | |
Public Sector Banks | 6.50 | 16.50 | 5.70 | 15.15 | 5.00 | 16.75 | 8.10 | 15.00 | 7.18 | 10.10 | 7.30 | 14.55 |
Pvt. Sec. Banks | 7.00 | 18.70 | 5.95 | 18.83 | 4.00 | 25.00 | 9.05 | 12.43 | 8.04 | 10.35 | 7.70 | 12.25 |
Foreign Banks | 8.63 | 12.50 | 7.46 | 9.88 | 6.60 | 11.40 | 8.75 | 10.58 | 7.70 | 8.57 | 7.73 | 9.92 |
Table 2 : Median Range of Interest Rates on Outstanding Loans for the Quarter ended March 2024 | ||||||||||||
(Per cent per annum) | ||||||||||||
Interest Rate Range including all | Interest Rate Range at which at least | |||||||||||
Bank Group | of business contracted at Extreme Rate | 60% of the business has been contracted | ||||||||||
Cash Credit | Demand Loan | Term Loan | Cash Credit | Demand Loan | Term Loan | |||||||
Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | |
Public Sector Banks | 6.50 | 16.73 | 6.20 | 15.43 | 4.50 | 16.85 | 8.25 | 14.70 | 7.33 | 10.08 | 7.30 | 14.58 |
Pvt. Sec. Banks | 7.00 | 19.92 | 5.85 | 19.25 | 4.00 | 25.25 | 9.00 | 12.52 | 8.13 | 11.23 | 7.50 | 15.75 |
Foreign Banks | 9.70 | 12.85 | 7.50 | 10.31 | 6.50 | 11.50 | 9.80 | 10.75 | 7.90 | 8.79 | 7.70 | 10.09 |
Table 1 : Range of Interest Rates on Outstanding Loans for the Quarter ended March 2024 | ||||||||||||
(Per cent per annum) | ||||||||||||
Interest Rate Range including all | Interest Rate Range at which at least | |||||||||||
Bank Group | of business contracted at Extreme Rate | 60% of the business has been contracted | ||||||||||
Cash Credit | Demand Loan | Term Loan | Cash Credit | Demand Loan | Term Loan | |||||||
Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | Min | Max | |
Public Sector Banks | 3.80 | 36.50 | 4.00 | 36.00 | 3.80 | 36.00 | 4.00 | 18.35 | 5.00 | 18.75 | 3.80 | 19.09 |
Pvt. Sec. Banks | 4.00 | 47.88 | 1.25 | 47.40 | 1.00 | 47.88 | 7.00 | 47.88 | 4.23 | 47.40 | 2.50 | 47.88 |
Foreign Banks | 7.30 | 45.63 | 3.25 | 47.88 | 1.00 | 42.00 | 7.30 | 45.63 | 4.20 | 47.88 | 4.00 | 42.00 |