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PDF - Appendix Table I.2 : Interest Rate Structure of Scheduled Commercial Banks

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Date : Aug 27, 2003

Appendix Table I.2 : Interest Rate Structure of Scheduled Commercial Banks


										(Per cent per annum)

				Rates as on
			Item	July 11,	Mar 1,	Feb 21,	Jan 24,	Jan 17	Jan 10,	Jan 03,	Dec 27,	Dec 20,
				2003	2003	2003	2003	2003	2003	2003	2002	2002

	1			2	3	4	5	6	7	8	9	10

A.	Lending Rates
	Size of Credit Limit
	1.	Up to Rs. 2 lakh #		£ PLR	£ PLR	£ PLR	£ PLR	£ PLR	£ PLR	£ PLR	£ PLR	£ PLR
	2.	Over Rs. 2 lakh :
		(Prime Lending Rate)*		10.5-11.50	10.75-11.50	10.75-11.50	10.75-11.50	10.75-11.50	10.75-11.50	10.75-11.50	10.75-11.50	10.75-11.50
		a.	Maximum Spread
			over PLR	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00

B.	Deposit Rates
	Category of Account
	1.	Current		Nil	Nil	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	2.	Savings		3.50	3.50	4.00	4.00	4.00	4.00	4.00	4.00	4.00
	3.	Term Deposits @
		a)	Up to and
			including one year	4.00-5.25	4.25-5.75	4.25-5.75	4.25-5.50	4.25-5.75	4.25-6.00	4.25-6.00	4.25-6.00	4.25-6.00
		b)	1-2 years	5.00-5.75	5.50-6.00	5.50-6.00	5.50-6.00	5.50-5.75	5.50-6.25	5.50-6.25	5.50-6.50	6.00-6.50
		c)	2-3 years	5.00-5.75	5.50-6.00	5.50-6.00	5.50-6.00	5.50-6.25	5.50-6.25	5.50-6.25	6.00-6.50	6.25-6.50
		d)	> 3 years	5.25-6.00	5.75-6.25	5.75-6.25	5.75-6.25	5.50-6.25	5.50-6.25	5.50-6.50	6.25-6.75	6.25-6.75
			Memo Item :
			Bank Rate ##	6.00	6.25	6.25	6.25	6.25	6.25	6.25	6.25	6.25
				(April 29,
				2003)

									(Per cent per annum)

				Rates as on
			Item	Dec. 13,	Nov 22,	Nov 15,	Nov 08,	Nov 01,	Sept 27,	Sept 13,	Aug 23,
				2002	2002	2002	2002	2002	2002	2002	2002

	1			11	12	13	14	15	16	17	18

A.	Lending Rates
	Size of Credit Limit
	1.	Up to Rs. 2 lakh #		£ PLR	£ PLR	£ PLR	£ PLR	£ PLR	£ PLR	£ PLR	£ PLR
	2.	Over Rs. 2 lakh :
		(Prime Lending Rate)*		10.75-11.50	10.75-11.50	10.75-11.50	10.75-11.50	11.00-12.00	11.00-12.00	11.00-12.00	11.00-12.00
		a.	Maximum Spread
			over PLR	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00	2.50-4.00	3.35-4.00	3.50-4.00	3.50-4.00

B.	Deposit Rates
	Category of Account
	1.	Current		Nil	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	2.	Savings		4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
	3.	Term Deposits @
		a)	Up to and
			including one year	4.25-6.00	4.25-6.00	4.25-6.00	4.25-6.00	4.25-6.50	4.25-6.50	4.25-6.00	4.75-6.50
		b)	1-2 years	6.00-6.50	6.00-6.50	6.25-6.50	6.25-6.50	6.50-7.00	6.50-7.00	5.50-6.25	7.00-7.25
		c)	2-3 years	6.25-6.50	6.25-6.50	6.25-6.50	6.25-6.75	6.75-7.25	6.75-7.25	5.50-6.25	7.25-7.50
		d)	> 3 years	6.25-6.75	6.50-6.75	6.50-6.75	6.50-7.00	7.00-7.50	7.00-7.50	5.50-6.25	7.50-8.00
			Memo Item :
			Bank Rate ##	6.25	6.25	6.25	6.25	6.25	6.50	6.50	6.50
								(October 29,
								2002)

* Data relate to major public sector banks. # Effective April 1998, credit limits of over Rs. 25,000 and up to Rs. 2 lakh have been merged and are specified as up to Rs. 2 lakh. @ The minimum maturity period of term deposits is 15 days, effective April 29, 1998. Data relate to major public sector banks. ## The change in the Bank Rate was made effective from the close of business of respective dates indicated in the bracket. £ Not Exceeding

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