Wednesday, December 1, 2021

Private sector banks lower lending rates more than PSU Banks during the pandemic

Weighted average lending rates for outstanding rupee loans of commercial banks fell 96 basis points- bps (one basis point is 0.01 per cent) between March 2020 and October 21, data released by the RBI indicates.

from Banking/Finance-Industry-Economic Times https://ift.tt/3d6SwY7

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