ANNEXURE- I

CORPORATES – NON PRIORITY SECTOR

Corporate advances- (other than MSME, Direct and indirect agricultural advances, Retail Advances)

1.  CATEGORISATION OF BORROWAL ACCOUNTS :

For effective monitoring of the corporate accounts, the Bank has classified these accounts as under:

S N / CATEGORY / CRITERIA
1.  / Large corporate (LC): / Individual/group exposure of > Rs.25 cr and individual/group turnover of over Rs.1000 cr
2.  / Mid corporate (MC): / Individual/group exposure of > Rs.10 cr and/or individual/group turnover of less than Rs.1000 cr
3.  / Others / All other individual/group exposure of up to Rs.10 cr

2.  RATE OF INTEREST ON WORKING CAPITAL AND TERM LOANS UPTO 1 YEAR :

(Spread = Tenor Premium + Risk Premium + Product Cost)

Rating / Large Corporate / Mid Corporate / Others
Internal / Base Rate % / Spread % / Effective Rate % / Base Rate % / Spread % / Effective Rate % / Base Rate % / Spread % / Effective Rate %
(a) / (b) / (a+b)=(c) / (a) / (b) / (a+b)=(c) / (a) / (b) / (a+b)=(c)
CBI-1 / 9.95 / 2.00 / 11.95 / 9.95 / 2.00 / 11.95 / 9.95 / 2.75 / 12.70
CBI-2 / 9.95 / 2.25 / 12.20 / 9.95 / 2.50 / 12.45 / 9.95 / 3.00 / 12.95
CBI-3 / 9.95 / 2.50 / 12.45 / 9.95 / 2.75 / 12.70 / 9.95 / 3.25 / 13.20
CBI-4 / 9.95 / 3.00 / 12.95 / 9.95 / 3.00 / 12.95 / 9.95 / 3.50 / 13.45
CBI-5&6 / 9.95 / 3.50 / 13.45 / 9.95 / 3.50 / 13.45 / 9.95 / 3.75 / 13.70
CBI-7 / 9.95 / 3.75 / 13.70 / 9.95 / 4.00 / 13.95 / 9.95 / 4.50 / 14.45
CBI-8 / 9.95 / 3.75 / 13.70 / 9.95 / 4.25 / 14.20 / 9.95 / 4.50 / 14.45
CBI-9 / 9.95 / 4.50 / 14.45 / 9.95 / 4.50 / 14.45 / 9.95 / 5.00 / 14.95
Unrated / 9.95 / 4.50 / 14.45 / 9.95 / 4.50 / 14.45 / 9.95 / 5.00 / 14.95
**Restructured accounts / 9.95 / 4.50 / 14.45 / 9.95 / 4.50 / 14.45 / 9.95 / 5.00 / 14.95
***Short term loan / 9.95 / 0.00 / 9.95 / 9.95 / 0.00 / 9.95 / 9.95 / 0.00 / 9.95

** Non CDR accounts where FITL or WCTL is not created and concession in RoI not allowed.

*** Facility available for borrowers with TOP GRADE rating from any of the Accredited Rating Agencies Such as ICRA, CRISIL, CARE, FITCH etc. Such loans will be sanctioned at Central Office only.

3. RATE OF INTEREST FOR TERM LOANS (More than 1 Year):

For arriving at effective lending rate of interest for Term Loans, additional tenor premium as given below is to be loaded to the above rate as under:

Tenor / Premium (%)
> 1 year to 3 years / 0.25
> 3 years up to 5 years / 0.50
> 5 years up to 7 years / 0.75
> 7 years / 1.00

4. ADVANCES TO SPECIFIED SECTORS WILL ATTRACT ADDITIONAL INTEREST OF 0.5% p.a. OVER THE APPLICABLE RATE OF INTEREST.

These sectors will be notified from time to time by Central Office. Presently, Commercial Real Estate, Capital Market & Entertainment sector have been identified under this category.