The Reserve Bank of India (RBI), on January 30, 2026, notified regarding the Lending and Deposit Rates of Scheduled Commercial Banks.
The following has been amended namely:-
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.
[Press Release: 2025-2026/2023]
