Table 1 : Range of interest rates on advances (above Rs. 2 lakh) excluding export credit  for the quarter ended  September 2009

(per cent  per  annum)

Bank Group

Interest rate range excluding 5 % of business contracted at extreme rates

Interest rate range at which at least 60 % business contracted

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.