This press release from the Reserve Bank of India, dated October 31, 2025, details the lending and deposit rates of Scheduled Commercial Banks (SCBs), excluding regional rural and small finance banks, for the month of October 2025. The data is presented in Tables 1 to 7.
Key highlights include:
* The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.50% in September 2025, compared to 8.74% in August 2025.
* The WALR on outstanding rupee loans of SCBs declined to 9.26% in September 2025 from 9.32% in August 2025.
* The 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs moderated to 8.55% in October 2025 from 8.60% in September 2025.
* The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 5.60% in September 2025, compared to 5.56% in August 2025.
* The WADTDR on outstanding rupee term deposits of SCBs was 6.82% in September 2025, compared to 6.87% in August 2025.
The press release number is 2025-2026/1429. 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
Scheduled Commercial Banks (SCBs): Banks whose lending and deposit rates are the subject of this press release, excluding regional rural banks and small finance banks.
Reserve Bank of India: The issuing authority for this press release on lending and deposit rates.
Mumbai: Location of the Department of Communication, Central Office of the Reserve Bank of India.
Marginal Cost of Funds based Lending Rate (MCLR): 1-Year median rate of SCBs is moderated to 8.55 per cent in October 2025 from 8.60 per cent in September 2025.
Weighted Average Lending Rate (WALR): It is the weighted average lending rate on fresh rupee loans of SCBs.
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
October 31, 2025
Lending and Deposit Rates of Scheduled Commercial Banks – October 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 October 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
8.50 per cent in September 2025 (8.74 per cent in August 2025).
• The WALR on outstanding rupee loans of SCBs declined to 9.26 per cent in
September 2025 from 9.32 per cent in August 2025.
• 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs
moderated to 8.55 per cent in October 2025 from 8.60 per cent in September 2025.
Deposit Rates:
• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term
deposits of SCBs stood at 5.60 per cent in September 2025 (5.56 per cent in August
2025).
• The WADTDR on outstanding rupee term deposits of SCBs was 6.82 per cent in
September 2025 (6.87 per cent in August 2025).
Ajit Prasad
Press Release: 2025-2026/1429 Deputy General Manager
(Communications)