Banks have increased deposit rates by 0.20 pct after CBSL tightened the Monetary policy

The New Deposits rates of the commercial banks have increased from 4.99% to 5.19% by end of the August and New Fixed Deposit rates offered by them also have been revised from 5.15% to 5.35%. But the New Lending rates have not yet revised in generally but AWPR has jumped from 6.01% to 6.46%.