This press release from the Reserve Bank of India, dated December 31, 2025, presents data on the lending and deposit rates of scheduled commercial banks (SCBs), excluding regional rural banks and small finance banks, for December 2025. The data is detailed in Tables 1 to 7.
**Lending Rates:**
* The weighted average lending rate (WALR) on fresh rupee loans of SCBs was 8.71% in November 2025 (compared to 8.61% in October 2025).
* The WALR on outstanding rupee loans of SCBs decreased to 9.21% in November 2025 (from 9.24% in October 2025).
* The 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs was 8.45% in December 2025 (compared to 8.50% in November 2025).
* The share of External Benchmark based Lending Rate (EBLR) linked loans in total outstanding floating rate rupee loans of SCBs was 64.8% at the end of September 2025 (from 62.9% at the end of June 2025), while MCLR linked loans accounted for 32.2% (from 33.8% at the end of June 2025).
**Deposit Rates:**
* The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs was 5.59% in November 2025 (compared to 5.57% in October 2025).
* The WADTDR on outstanding rupee term deposits of SCBs decreased to 6.73% in November 2025 (from 6.78% in October 2025).
The press release number is 2025-2026/1816. For further information, contact Ajit Prasad, Deputy General Manager (Communications). The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in
Key Entities Referenced
External Benchmark based Lending Rate (EBLR): A benchmark lending rate used by banks in India.
Reserve Bank of India: India's central bank, responsible for regulating the banking system.
Scheduled Commercial Banks (SCBs): Banks in India that are listed in the Second Schedule to the Reserve Bank of India Act, 1934.
Marginal Cost of Funds based Lending Rate (MCLR): A benchmark lending rate used by banks in India.
Mumbai: Location of the Department of Communication, Central Office of RBI.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
December 31, 2025
Lending and Deposit Rates of Scheduled Commercial Banks – December 2025
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding
regional rural banks and small finance banks) received during the month of December
2025 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
8.71 per cent in November 2025 (8.61 per cent in October 2025).
• The WALR on outstanding rupee loans of SCBs declined to 9.21 per cent in
November 2025 from 9.24 per cent in October 2025.
• 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs
moderated to 8.45 per cent in December 2025 from 8.50 per cent in November
2025.
• The share of External Benchmark based Lending Rate (EBLR) linked loans in total
outstanding floating rate rupee loans of SCBs was 64.8 per cent at end-September
2025 (62.9 per cent at end-June 2025), while that of MCLR linked loans was 32.2
per cent (33.8 per cent at end-June 2025).
Deposit Rates:
• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term
deposits of SCBs stood at 5.59 per cent in November 2025 (5.57 per cent in
October 2025).
• The WADTDR on outstanding rupee term deposits of SCBs declined to 6.73 per
cent in November 2025 from 6.78 per cent in October 2025.
Ajit Prasad
Press Release: 2025-2026/1816 Deputy General Manager
(Communications)