Banks’ interest rate spread rises to 3.05pts
The overall weighted average interest rate spread in the country’s banking sector rose to 3.05 percentage points in March after remaining below 3 percentage points for several months after the implementation of 9-per cent lending rate.
The weighted average interest rate is the difference between the weighted average lending rate and the weighted average deposit rate in banks.
Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
