Question 1 of 7
During the period from February 2025 to March 2026, by how many basis points (bps) did the weighted average lending rate (WALR) on fresh lending decline in response to a cumulative reduction of 125 bps in the policy repo rate?
In response to a cumulative reduction of 125 basis points (bps) in the policy repo rate, the WALR on fresh lending declined by 93 bps, with interest rate effect of 80 bps and composition effect of 13 bps during February 2025 to March 2026.