Lending and Deposit Rates of Scheduled Commercial Banks

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

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