Replies to post #384152 on Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

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Here is the bank contract. are you allowed to use google in your country?

https://contracts.justia.com/companies/elite-pharmaceuticals-inc-1799/contract/250879/

As of July 26, 2023, the current prime rate is 8.50%, according to The Wall Street Journal's Money Rates table. This source aggregates the most common prime rates charged throughout the U.S. and in other countries

1.73% above prime is loan rate. Current prime rate is 8.5%

Now in your country is 9% bigger or smaller then (8.5% + 1.73%) ?