Transmission to Deposit and Lending Rates in India (2017-2018 to 2022-2023) | |||||||
(Basis Points) | |||||||
Period | Repo Rate | Term Deposit Rates | Lending Rates | ||||
Median Term Deposit Rate (Fresh Deposits) | WADTDR (Outstanding Deposits) | 1-Year Median MCLR | EBLR | WALR (Outstanding Rupee Loans) | WALR (Fresh Rupee Loans) | ||
2017-2018 | |||||||
2018-2019 | |||||||
2019-2020 | |||||||
2020-2021 | |||||||
2021-2022 | |||||||
2022-2023 | |||||||
Tightening Cycle: | |||||||
June 2018 to January 2019 | |||||||
May 2022 to March 2023 | |||||||
Easing Cycle: | |||||||
February 2019 to March 2022 | |||||||
February 2019 to September 2019 (Pre-External Benchmark Period) | |||||||
Oct. 2019-Mar. 2022 (External Benchmark Period) | |||||||
Mar. 2020-Mar. 2022 (COVID Period) | |||||||
2021-2022 |