On Advances above Rs.2 lakh other than Export Credit - ఆర్బిఐ - Reserve Bank of India
Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the Quarter Ended December 2005 |
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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 |
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Public Sector Banks |
6.875-14 |
7-14.25 |
8-11.625 |
8-11.625 |
Foreign Banks |
6.5-14 |
5.85-12.5 |
7-9.5 |
7.2-9.5 |
Private Sector Banks |
7.625-15.25 |
7.375-15.25 |
10-13 |
9.25-13 |
Note : Data pertains to 85 banks , of which 28 are public sector banks, 29 are private sector banks and 29 are foreign banks. |
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