![](https://img.etimg.com/photo/90917458.cms)
The weighted average lending rates (WALRs) on fresh as well as outstanding rupee loans have declined across sectors. Banks have extended the benefits to existing borrowers by reducing the WALR more than the repo rate cuts during the EBLR period according to a study titled " Monetary Transmission to Banks’ Interest Rates: Implications of External Benchmark Regime" published in the latest monthly bulletin.