Lending and Deposit Rates of Scheduled Commercial Banks September 2025 [RBI Data]

RBI has released Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of September 2025.

Highlights:

Lending Rates:

• The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.75 per cent in August 2025 (8.81 per cent in July 2025).
• The WALR on outstanding rupee loans of SCBs declined to 9.32 per cent in August 2025 from 9.38 per cent in July 2025.
• 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs remained unchanged at 8.60 per cent in September 2025.
• The share of External Benchmark based Lending Rate (EBLR) linked loans in total outstanding floating rate rupee loans of SCBs was 62.9 per cent at end-June 2025 (61.6 per cent at end-March 2025), while that of MCLR linked loans was 33.8 per cent (34.9 per cent at end-March 2025).

Deposit Rates:

• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs moderated to 5.56 per cent in August 2025 from 5.61 per cent in July 2025.
• The WADTDR on outstanding rupee term deposits of SCBs was 6.87 per cent in August 2025 (6.92 per cent in July 2025).