Lending and Deposit Rates of Scheduled Commercial Banks · 2026-2027/1003
RBI press-release 2026-2027/1003 · 31 Aug 2026
Official title
Lending and Deposit Rates of Scheduled Commercial Banks – August 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India publishes data on lending and deposit rates for scheduled commercial banks for August 2026. This data excludes regional rural banks and small finance banks. The weighted average lending rate on outstanding rupee loans reached 8.97 percent in July 2026. The weighted average lending rate on fresh rupee loans decreased to 8.52 percent in July 2026. The 1-year median marginal cost of funds based lending rate reached 8.70 percent in August 2026. The weighted average domestic term deposit rate on outstanding rupee term deposits remained at 6.58 percent in July 2026. The weighted average domestic term deposit rate on fresh rupee term deposits decreased to 5.90 percent in July 2026.
Who is affected
- Scheduled commercial banks excluding regional rural banks and small finance banks
Exceptions
- Regional rural banks and small finance banks are excluded from the data.
Document text
August 31, 2026
Lending and Deposit Rates of Scheduled Commercial Banks – August 2026
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during August 2026 are set out in Tables 1 to 9.
Highlights:
Lending Rates:
- The weighted average lending rate (WALR) on outstanding rupee loans of SCBs stood at 8.97 per cent in July 2026 (8.96 per cent in June 2026).
- The WALR on fresh rupee loans of SCBs declined marginally to 8.52 per cent in July 2026 from 8.53 per cent in June 2026.
- 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs stood at 8.70 per cent in August 2026 (8.60 per cent in July 2026).
- The WALR on fresh as well as outstanding rupee loans exhibited a mixed movement across sectors in July 2026.
Deposit Rates:
- The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs remained unchanged at 6.58 per cent in July 2026 from June 2026.
- The WADTDR on fresh rupee term deposits of SCBs declined to 5.90 per cent in July 2026 from 5.99 per cent in June 2026.
Ajit Prasad Press Release: 2026-2027/1003 Deputy General Manager (Communications)
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 31 Aug 2026
- Document number
- 2026-2027/1003
- Issuing division
- Department of Communication
- Coverage area
- banking