Reserve Bank of India published this on 30 September 2026. The official summary reads:
Data on lending and deposit rates 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: 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. The WALR on fresh rupee loans of SCBs stood at 8.61 per cent in August 2026 (8.52 per cent in July 2026). 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs declined to 8.61 per cent in September 2026 from 8.70 per cent in August 2026. The WALR on fresh as well as outstanding rupee loans exhibited a mixed movement across sectors in August 2026. The share of External Benchmark based Lending Rate (EBLR) linked loans in total outstanding floating rate rupee loans of SCBs was 68.2 per cent at end-June…
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