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Lending Rates of Scheduled Commercial Banks Sub Page Banner June 2002 to June 2010

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On Advances above Rs.2 lakh other than Export Credit

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Table 2  :  Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the  Quarter Ended Decmber 2002.

 

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

Demand Loan

Term Loan

Demand Loan

Term Loan

Public Sector Banks

10-15

11.5-15.5

11.85-14

12.25-14

Foreign Banks

11-17

10.5-16.5

12-14.75

11.7-13.625

Private Sector Banks

12-16.5

10.5-16.5

13.5-15.75

13.5-15

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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