On Advances above Rs.2 lakh other than Export Credit - ربی - 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 September 2003. |
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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 |
10-14.75 |
8.85-15 |
11.5-13.5 |
11-13.5 |
Foreign Banks |
8-15.5 |
9-15.5 |
9.5-12.75 |
9.25-13.5 |
Private Sector Banks |
11.5-16 |
10-16 |
13-14.5 |
12-14.5 |
Note : Data pertains to 91 banks , of which 27 are public sector banks,29 are private sector banks and 35 are foreign banks. |
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