|
(in percent)
|
|
|
|
|
As on March
|
|
|
|
|
|
State Bank of India
|
Nationalised
|
|
Foreign
|
|
|
Occupation
|
and its Associates
|
Banks
|
|
Banks
|
|
|
|
2002
|
2003
|
2002
|
2003
|
2002
|
2003
|
|
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
|
Weighted Average Lending Rate
|
|
|
|
|
|
|
|
I. Agriculture
|
13.52
|
13.12
|
13.81
|
13.2
|
13.55
|
12.66
|
|
1. Direct Finance
|
13.7
|
13.09
|
14.37
|
13.53
|
15.23
|
12.68
|
|
2. Indirect Finance
|
13.39
|
13.16
|
13.46
|
12.91
|
13.39
|
12.48
|
|
II. Industry
|
13.13
|
12.6
|
14.07
|
13.73
|
13.99
|
14.74
|
|
1. Mining & Quarrying
|
10.77
|
9.54
|
13.85
|
13.56
|
13.6
|
15.59
|
|
2. Manufacturing & Processing
|
13.48
|
13.05
|
14.2
|
13.87
|
13.9
|
14.71
|
|
3. Electricity, Gas & Water
|
12.79
|
12.57
|
13.58
|
12.98
|
14.94
|
15.47
|
|
4. Construction
|
13.6
|
12.56
|
13.28
|
13.4
|
14.98
|
14.47
|
|
III. Transport Operators
|
13.74
|
13.46
|
13.11
|
13.3
|
13.37
|
12.83
|
|
IV. Professional And Other Services
|
13.65
|
13.06
|
14.44
|
13.66
|
14.76
|
14.64
|
|
V. Personal Loans
|
12.35
|
11.85
|
12.66
|
12.24
|
15.06
|
14.78
|
|
1. Loans for Purchase of Consumer Durables
|
13.88
|
13.92
|
14.51
|
14.4
|
16.55
|
19
|
|
2. Loans for Housing
|
11.69
|
11.13
|
11.83
|
11.4
|
13.82
|
13.73
|
|
3. Rest of the Personal Loans
|
13.95
|
13.93
|
14.05
|
13.75
|
15.9
|
15.97
|
|
VI. Trade
|
12.19
|
11.62
|
12.86
|
12.56
|
14.36
|
14.47
|
|
1. Wholesale Trade
|
11.96
|
11.39
|
12.51
|
12.13
|
14.59
|
14.64
|
|
2. Retail Trade
|
13.92
|
13.2
|
14.68
|
14.16
|
14.05
|
14.33
|
|
VII. Finance
|
11.96
|
12.74
|
12.32
|
12.49
|
13.9
|
14.17
|
|
VIII. All Others
|
13.62
|
12.96
|
13.89
|
13.6
|
17.55
|
16.68
|
|
Total Bank Credit
|
12.92
|
12.44
|
13.53
|
13.2
|
14.33
|
14.68
|
|
OF WHICH: 1. Artisans & Village Industries
|
13.77
|
12.76
|
15.16
|
14.57
|
19.56
|
19.55
|
|
2. Other Small Scale Industries
|
13.57
|
13.01
|
14.84
|
14.06
|
13.14
|
12.84
|
|
Weighted Average Deposit Rate
|
|
|
|
|
|
|
|
Of Term Deposits
|
9.63
|
8.62
|
9.6
|
8.66
|
7.53
|
6.67
|
|
Note
|
|
|
|
|
|
|
|
1. The lending rates are based on the accounts with credit limit of over
2 lakhs.
|
|
|
|
|
2. The lending rates are exclusive of inland & Foreign Bills purchased
and discounted.
|
|
|
|
|
3. Amount of Outstanding Credits are used as weights for calculating
average lending rates.
|
|
|
|
4. The data on average deposit rate are based on 56281 reporting branches
out of 65457 total branches.
|
|
|
5. For Computation of Deposit Rate Mid-points of the interest rate range
were taken as values and total deposit amount in
|
|
the range as weights
|
|
|
|
|
|
|
|
TABLE 11.5 : BANK GROUP-WISE AND OCCUPATION-WISE WEIGHTED AVERAGE |
|
LENDING RATE AND DEPOSIT RATE : 2002 AND 2003 |
|
|
|
|
|
|
(in per cent) |
|
|
|
As on March |
|
|
|
|
|
|
|
Regional Rural |
Other Scheduled |
All Scheduled |
|
Occupation |
Banks |
|
Commercial Banks |
Commercial Banks |
|
|
2002 |
2003 |
2002 |
2003 |
2002 |
2003 |
|
|
(7) |
(8) |
(9) |
(10) |
(11) |
(12) |
|
Weighted Average Lending Rate |
|
|
|
|
|
|
|
I. Agriculture |
15.51 |
14.75 |
14.74 |
14.26 |
13.87 |
13.33 |
|
1. Direct Finance |
15.53 |
14.78 |
15.55 |
14.3 |
14.38 |
13.56 |
|
2. Indirect Finance |
15.33 |
14.37 |
14.06 |
14.19 |
13.5 |
13.09 |
|
II. Industry |
15.38 |
14.51 |
14.59 |
14.17 |
13.98 |
13.68 |
|
1. Mining & Quarrying |
15.97 |
15.16 |
13.9 |
13.04 |
12.16 |
11.4 |
|
2. Manufacturing & Processing |
15.68 |
14.97 |
14.64 |
14.23 |
14.13 |
13.87 |
|
3. Electricity, Gas & Water |
16.38 |
14.85 |
14.05 |
14.01 |
13.58 |
13.26 |
|
4. Construction |
14.67 |
13.65 |
14.99 |
14.18 |
13.88 |
13.54 |
|
III. Transport Operators |
15.73 |
14.85 |
14.72 |
14.12 |
13.7 |
13.58 |
|
IV. Professional And Other Services |
15.68 |
14.84 |
15.24 |
14.06 |
14.73 |
13.89 |
|
V. Personal Loans |
12.3 |
12.22 |
14.26 |
13.67 |
13.17 |
12.66 |
|
1. Loans for Purchase of Consumer Durables |
16.06 |
15.26 |
15.69 |
15.78 |
14.53 |
14.34 |
|
2. Loans for Housing |
11.38 |
11.42 |
13.23 |
11.62 |
12.13 |
11.6 |
|
3. Rest of the Personal Loans |
15.1 |
14.42 |
15.17 |
14.91 |
14.69 |
14.42 |
|
VI. Trade |
15.82 |
14.78 |
14.61 |
13.92 |
12.87 |
12.52 |
|
1. Wholesale Trade |
15.99 |
14.92 |
13.88 |
13.46 |
12.46 |
12.04 |
|
2. Retail Trade |
15.76 |
14.74 |
15.71 |
14.37 |
14.76 |
14.09 |
|
VII. Finance |
13.77 |
13.18 |
13.77 |
13.5 |
12.74 |
12.89 |
|
VIII. All Others |
15.14 |
14.39 |
14.11 |
13.95 |
13.9 |
13.58 |
|
Total Bank Credit |
14.88 |
14.21 |
14.57 |
14.05 |
13.66 |
13.31 |
|
OF WHICH: 1. Artisans & Village Industries |
15.68 |
14.94 |
15.2 |
14.77 |
14.03 |
13.32 |
|
2. Other Small Scale Industries |
15.67 |
15.04 |
15.02 |
14.08 |
14.54 |
13.82 |
|
Weighted Average Deposit Rate |
|
|
|
|
|
|
|
Of Term Deposits |
10.79 |
9.89 |
9.8 |
8.85 |
9.61 |
8.68 |
|
Note |
|
|
|
|
|
|
|
1. The lending rates are based on the accounts with credit limit of over 2 lakhs. |
|
2. The lending rates are exclusive of inland & Foreign Bills purchased and discounted. |
|
|
|
|
3. Amount of Outstanding Credits are used as weights for calculating average lending rates. |
|
4. The data on average deposit rate are based on 56281 reporting branches out of 65457 total branches. |
|
5. For Computation of Deposit Rate Mid-points of the interest rate range
were taken as values and total
deposit amount in the range as weights
|
|
|
|
|
|
|
|
|