Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of April 2026 are set out in Tables 1 to 9.

Highlights:

Lending Rates:

• The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.40 per cent in March 2026 (8.44 per cent in February 2026).

• The WALR on outstanding rupee loans of SCBs marginally declined to 8.99 per cent in March 2026 from 9.00 per cent in February 2026.

• 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs increased to 8.55 per cent in April 2026 from 8.40 per cent in March 2026.

• The WALR on fresh as well as outstanding rupee loans exhibited a mixed movement across sectors in March 2026.

Deposit Rates:

• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 6.07 per cent in March 2026 (5.65 per cent in February 2026).

• The WADTDR on outstanding rupee term deposits of SCBs remained unchanged at 6.62 per cent in March 2026.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/185