Month-wise Interest Rate Structure of Scheduled Commercial Banks in India (March to December, 2008) | ||||||||||
(Percent per annum) | ||||||||||
Item | Rates as on | |||||||||
Mar. 31 2008 | Apr. 31 2008 | May. 31 2008 | Jun. 30 2008 | Jul. 31 2008 | Aug 31 2008 | Sep 30 2008 | Oct. 31 2008 | Nov. 30 2008 | Dec. 31 2008 | |
A. Lending Rates | ||||||||||
Size of Credit Limit | ||||||||||
1. Up to Rs. 2 lakh | ≤ BPLR | ≤ BPLR | ≤ BPLR | ≤ BPLR | ≤ BPLR | < BPLR | < BPLR | < BPLR | < BPLR | < BPLR |
2. Over Rs. 2 lakh : (Benchmark Prime Lending Rate)* | 12.25- 12.75 | 12.25- 12.75 | 12.25- 12.75 | 12.50- 12.75 | 12.75- 13.25 | 13.25- 14.00 | 13.75- 14.00 | 13.75- 14.00 | 13.00- 13.50 | 12.50- 13.25 |
B. Deposit Rates | ||||||||||
Category of Account | ||||||||||
1. Current | Nil | Nil | Nil | Nil | Nil | Nil | Nil | Nil | Nil | Nil |
2. Savings | ||||||||||
3. Term Deposits* | ||||||||||
a) Up to and including one year | ||||||||||
b) 1-2 years | ||||||||||
c) 2-3 years | ||||||||||
d) > 3 years |