(a) whether the interest rate on loans provided by banks differ in various parts of the country;
(b) if so, the details thereof alongwith the interest rates charged by various banks;and
(c) the total percentage of loans given on different interest rates during last three years?
MINISTER OF THE STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) and (b): Interest rate on loans charged by banks are now deregulated and are decided by banks based on their
commercial judgment. Normally, a bank does not vary interest rate on the basis of place in the country where money
is lent.
(c): The proportion of outstanding credit of banks at different interest rates during the last three years is at Annexure.