The Reserve Bank of India released data on lending and deposit rates of scheduled commercial banks (SCBs), excluding regional rural banks and small finance banks, for January 2026.
Key highlights:
* The weighted average lending rate (WALR) on fresh rupee loans of SCBs was 8.28% in December 2025 (down from 8.71% in November 2025).
* The WALR on outstanding rupee loans of SCBs decreased to 9.06% in December 2025 (down from 9.21% in November 2025).
* The 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs moderated to 8.40% in January 2026 (down from 8.45% in December 2025).
* The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs was 5.67% in December 2025 (up from 5.59% in November 2025).
* The WADTDR on outstanding rupee term deposits of SCBs decreased to 6.68% in December 2025 (down from 6.73% in November 2025).
Contact: Ajit Prasad, Deputy General Manager (Communications).
Website: www.rbi.org.in
Email: helpdoc@rbi.org.in
Phone: 022-2266 0502
Press Release: 2025-2026/2023
Date: January 30, 2026
Key Entities Referenced
Scheduled Commercial Banks (SCBs): Banks that are subject of the lending and deposit rates data
Reserve Bank of India: Primary regulator and publisher of the press release
Lending and Deposit Rates: Subject of the press release
WALR: Weighted Average Lending Rate
WADTDR: Weighted Average Domestic Term Deposit Rate
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
January 30, 2026
Lending and Deposit Rates of Scheduled Commercial Banks – January 2026
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
Press Release: 2025-2026/2023 Deputy General Manager
(Communications)