On Advances above Rs.2 lakh other than Export Credit - ఆర్బిఐ - Reserve Bank of India
Table 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the Quarter Ended September 2008 |
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(per cent per annum) |
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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 |
6-18.75 |
6.5-18.75 |
7-17.75 |
6.5-17.5 |
Foreign Banks |
5.4-23.53 |
5-25.5 |
7.28-20 |
7-21 |
Private Sector Banks |
5.5-22 |
5.06-23 |
9-18.25 |
9-18.49 |