The rate of transmission has been faster for private sector banks compared to public sector lenders, with private banks having a higher share of loans linked to the external benchmark lending rate (EBLR), or the repo rate. Nearly 70.5% of all outstanding loans of private sector banks are linked to the EBLR, against 35.2% in the case of public lenders. That said, all banks witnessed a rise in the share of EBLR loans since RBI started raising rates.
According to RBI data, the share of EBLR loans increased from 44% to 48.3% between March and December 2022. However, the rise in EBLR loans is higher for private sector banks compared to public banks.
Denne historien er fra April 08, 2023-utgaven av Mint Mumbai.
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Denne historien er fra April 08, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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