Friday, January 31, 2025

BANKING

In December 2024, lending rates of commercial banks eased while deposit rates saw a marginal rise according to RBI data. The weighted average lending rate on fresh rupee loans fell to 9.25%, while the average domestic term deposit rate on fresh deposits increased to 6.57%.

from Banking/Finance-Industry-Economic Times https://ift.tt/cJpVn1w
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