MUMBAI, India, Sept. 30 -- Reserve Bank of India issued the following press release:
Data on lending and deposit rates (https://rbidocs.rbi.org.in/rdocs/content/docs/MLDRSCB30092026ENG.xlsx) of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during September 2026 are set out in Tables 1 to 9.
Highlights:
Lending Rates:
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The weighted average lending rate (WALR) on outstanding rupee loans of SCBs declined marginally to 8.96 per cent in August 2026 from 8.97 per cent in July 2026.
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The WALR on fresh rupee loans of SCBs stood at 8.61 per cent in August 2026 (8.52 per cent in July 2026).
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1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs declined to 8.61 per ...