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Appendix Table V.8 NABARD’s Interest Rates for Term Loans- 2008-09

(Per cent per annum)

Agency

Effective Date

Rate of Interest on Refinance

CBs

26-May-08

9.5 per cent

CBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand and Jammu and Kashmir; RRBs, StCBs; SCARDBs; UCBs; ADFCs; and NEDFi

26-May-08

9.0 per cent

CBs

3-Jul-08

10.25 per cent

CBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand and Jammu and Kashmir

3-Jul-08

9.75 per cent

RRBs

3-Jul-08

10 per cent

RRBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand and Jammu and Kashmir; StCBs; SCARDBs; UCBs; ADFCs; and NEDFi

3-Jul-08

9.5 per cent

CBs

1-Aug-08

10.75 per cent

CBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand, Jammu and Kashmir; RRBs

1-Aug-08

10.25 per cent

RRBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand, Jammu and Kashmir; StCBs; SCARDBs; UCBs; ADFCs; and NEDFi

1-Aug-08

9.75 per cent

CBs

1-Jan-09

10.25 per cent

CBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand, Jammu and Kashmir; RRBs

1-Jan-09

9.75 per cent

RRBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand, Jammu and Kashmir; StCBs; SCARDBs; UCBs; ADFCs; and NEDFi

1-Jan-09

9.25 per cent

CBs

2-Feb-09

9.5 per cent

CBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand, Jammu and Kashmir; RRBs, StCBs; SCARDBs; UCBs; ADFCs; and NEDFi

2-Feb-09

9.0 per cent

CBs

18-Feb-09

9.0 per cent

CBs in North-eastern States, Sikkim, Andaman and Nicobar Islands, Himachal Pradesh, Uttarakhand, Jammu and Kashmir; RRBs; StCBs; SCARDBs; UCBs; ADFCs; and NEDFi

18-Feb-09

8.5 per cent

Note: 1. CB-Commercial Banks.
2. StCB-State Cooperative Banks.
3. RRB-Regional Rural Banks.
4. UCB- Urban Cooperative Banks.
5. ADFC-Agricultural Development Finance Company.
6. NEDFi-North-eastern Development Finance Corporation Ltd.
7. SCARDB-State Cooperative Agriculture and Rural Development Banks.
Source: NABARD.

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