Transmission of policy rates improved more for deposits than loans in December. The 250 bps hike in policy rates are not fully transmitted by the commercial banks since the Reserve Bank of India started raising policy rates from May 2022. Weight average deposit rates rose for both fresh and outstanding deposits, while only weighted average lending rates on outstanding deposits rose in December according to the latest data released by the Reserve Bank of India. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
