MUMBAI, India, May 29 -- 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 May 2026 are set out in Tables 1 to 9.
Highlights:
Lending Rates:
*
The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.50 per cent in April 2026 (8.40 per cent in March 2026).
*
The WALR on outstanding rupee loans of SCBs was at 8.98 per cent in April 2026 (8.99 per cent in March 2026).
*
1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs stood at 8.65 per cent in May 2026 (8.55 per cent in April 2026).
*
The WALR on fresh as well as outsta...