Friday, July 29, 2022

Deposit and lending rates rise for the second consecutive month

The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs increased by 4 bps in May to 5.07 per cent and by 6 bps from in June 2022.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/deposit-and-lending-rates-rise-for-the-second-consecutive-month/articleshow/93220231.cms

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