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PRIMARYRBI Press Releases·neutral
Lending and Deposit Rates of Scheduled Commercial Banks – July 2026
AI Summary
- ·The weighted average lending rate (WALR) on fresh rupee loans of Scheduled Commercial Banks (SCBs) was 8.53% in June 2026.
- ·The WALR on outstanding rupee loans of SCBs slightly decreased to 8.96% in June 2026.
- ·The 1-year median Marginal Cost of Funds based Lending Rate (MCLR) for SCBs was 8.60% in July 2026.