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Banks quick to hike interest on loans, not deposits

Between May and August, the average interest rate on fresh rupee loans increased by 47 bps, and the same for outstanding loans rose by 34 bps. However, the increase in deposit rates failed to match this pace. The rate on outstanding term deposits grew only 22 bps during this period ....

Between May , Interest On Loans , Interest On Deposits , Intrest On Outstanding Loans , Deposit Rates , Banking System , Credit Demand ,