MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release:
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of April 2026 are set out in Tables 1 to 9.
Highlights:
Lending Rates:
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The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.40 per cent in March 2026 (8.44 per cent in February 2026).
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The WALR on outstanding rupee loans of SCBs marginally declined to 8.99 per cent in March 2026 from 9.00 per cent in February 2026.
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1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs increased to 8.55 per cent in April 2026 from 8.40 per cent in March 2026.
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