Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of January 2026 are set out in Tables 1 to 7.

Highlights:

Lending Rates:

• The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.28 per cent in December 2025 (8.71 per cent in November 2025).

• The WALR on outstanding rupee loans of SCBs declined to 9.06 per cent in December 2025 from 9.21 per cent in November 2025.

• 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs moderated to 8.40 per cent in January 2026 from 8.45 per cent in December 2025.

Deposit Rates:

• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 5.67 per cent in December 2025 (5.59 per cent in November 2025).

• The WADTDR on outstanding rupee term deposits of SCBs declined to 6.68 per cent in December 2025 from 6.73 per cent in November 2025.

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2025-2026/2023