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Finance

COVID-19 impact: A look at interest rate transmission so far to infuse liquidity

Updated : July 10, 2020 09:05 PM IST

A total of 77 bps decline in deposit rates was recorded against 160 bps cut in repo rate during the 14-month period.
The 160 bps cut for 14 months had WALR coming down by 122 bps which is quite significant with the response of WALR on fresh loans being above 75 percent.
COVID-19 impact: A look at interest rate transmission so far to infuse liquidity

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