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PDF - Appendix Table I.2: Interest Rate Structure of Scheduled Commercial Banks ()
Date : Aug 28, 2000
Appendix Table I.2: Interest Rate Structure of Scheduled Commercial Banks
 
 
 

(Per cent per annum)


   

Rates as on


  

Item

August

June 6,

Apr. 7,

Feb. 25,

Jan. 28,

Aug. 27,

Aug. 13,

July 30,

  March 12,

 
 
 

2000


2000


2000


2000


2000


1999


1999


1999


1999


 
 

1


2


3


4


5


6


7


8


9


10


A.

Lending Rates

         
           
 

Size of Credit

         
 

Limit

         
           
 

1.

1.Up to Rs.

Not

Not

Not

Not

Not

Not

Not

Not

Not

  

2 lakh #

exceeding

exceeding

exceeding

exceeding

exceeding

exceeding

exceeding

exceeding

exceeding

  

PLR

PLR

PLR

PLR

PLR

PLR

PLR

PLR

PLR

 

2.

Over

         
  

Rs.2 lakh

         
  

(Prime

         
  

Lending

         
  

Rate)*

11.25-12.0

11.25-11.75

11.25-12.50

12.00-12.50

12.00-12.50

12.00-12.50

12.00-12.50

12.00

12.00-13.00

           
 

a.

Maximum

         
  

Spread over

         
  

PLR

3.50-4.00

3.50-4.00

3.50-4.00

3.50-4.00

3.50-4.00

3.50-4.00

3.50-4.00

3.50-4.00

3.50-4.00

           

B.

Deposit Rates

         
           
 

Category of Account

         
           
 

1.

Current

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

            
 

2.

Savings

4.00

4.00

4.00

4.50

4.50

4.50

4.50

4.50

4.50

            
 

3.

Term-

         
  

Deposits @

         
           
  

a)Up to and

         
  

including

         
  

one year

4.50-7.50

4.50-7.50

4.50-7.50

5.00-7.50

5.00-7.50

5.00-7.50

5.00-8.00

5.00-8.75

5.00-9.00

  

b)> 1-2 years

8.0-8.5

8.00-8.50

8.00-9.00

8.00-9.00

8.00-9.00

8.00-9.00

8.00-9.50

8.00-9.75

9.00-10.50

            
  

c)> 2-3 years

8.5-9.0

8.50-9.0

8.50-9.50

9.50

9.50

9.50

9.50

9.50-10.25

9.50-11.00

            
 
 

d)> 3 years


9.5-10.0


9.50


9.50-10.50


10.00-10.50


10.50


10.00-10.50


10.00-10.50


10.50-11.00


  10.50-11.50


           

Memo Item :


 
 
 
 
 
 
 
 
 
           
 

Bank Rate # #

8.0

7.0

7.0

8.0

8.0

8.0

8.0

8.0

8.0

  

(July 21,

 

(April 1,

     

(March 1,

 
 

2000)


 

2000)


 
 
 
 
 

1999)


*

Data relates 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.


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