{ "format": "india-by-the-numbers.series.v1", "id": "payments/lending-rates", "name": "Bank lending and deposit rates", "hub": "Payments", "topic": "Bank and policy interest rates", "moduleIds": [ "lending-rates" ], "url": "https://data.indiadispatch.com/payments/lending-rates", "period": "August 2026", "periodKey": "2026-08", "sourceReleaseDate": "2026-09-30", "latest": { "formattedValue": "8.61%", "supportingFigures": "Scheduled commercial banks, excluding regional rural banks and small finance banks" }, "source": { "name": "Reserve Bank of India", "url": "https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63702" }, "numericValue": 8.61, "unit": "percent", "measure": "walr_fresh", "cadence": "Monthly", "version": "58944ca870037e1fcd354316d3c436b0f285bbdf11053182262e8ece5302b38d", "dateModified": "2026-10-05T05:17:09.569Z", "coverage": "2024-11/2026-08", "notes": [ "Only published observations are shown. Missing periods are not zero and have not been interpolated.", "Weighted lending and deposit rates measure fresh and outstanding rupee business separately. The one-year median MCLR has its own observation month. This release reports aggregate banks, not individual borrowing offers.", "Weighted-average lending and term-deposit rates measure the published bank cohort. The marginal-cost lending-rate measure is a median, not a weighted average. Its month can differ from the loan and deposit rates.", "Policy repo rates are a separate central-bank decision series, not these customer loan rates.", "Dated revision tables retain the earlier and later reported values. Publication references identify the official release that revised each observation." ], "license": { "name": "Creative Commons Attribution 4.0 International", "url": "https://creativecommons.org/licenses/by/4.0/", "scope": "India Dispatch's original compiled tables and editorial text" }, "sourceRights": "Underlying source publishers retain their own rights. This license does not grant rights to publisher documents, branding or other third-party material.", "attribution": "India by the numbers, Bank lending and deposit rates, August 2026, https://data.indiadispatch.com/payments/lending-rates. Source: Reserve Bank of India.", "valueRepresentation": "Table cells are the publication's formatted observations, with units retained. Missing observations are not zero. Numeric latest amounts, where present, are separately labelled INR and USD.", "tables": [ { "title": "Lending rate on new rupee loans", "columns": [ "Month", "Rate", "Source release" ], "rows": [ { "id": "2024-11", "cells": [ "November 2024", "9.4%", "31 January 2025" ] }, { "id": "2024-12", "cells": [ "December 2024", "9.25%", "28 February 2025" ] }, { "id": "2025-01", "cells": [ "January 2025", "9.32%", "27 March 2025" ] }, { "id": "2025-02", "cells": [ "February 2025", "9.4%", "30 April 2025" ] }, { "id": "2025-03", "cells": [ "March 2025", "9.35%", "30 May 2025" ] }, { "id": "2025-04", "cells": [ "April 2025", "9.26%", "30 June 2025" ] }, { "id": "2025-05", "cells": [ "May 2025", "9.2%", "31 July 2025" ] }, { "id": "2025-06", "cells": [ "June 2025", "8.62%", "29 August 2025" ] }, { "id": "2025-07", "cells": [ "July 2025", "8.81%", "30 September 2025" ] }, { "id": "2025-08", "cells": [ "August 2025", "8.74%", "31 October 2025" ] }, { "id": "2025-09", "cells": [ "September 2025", "8.5%", "28 November 2025" ] }, { "id": "2025-10", "cells": [ "October 2025", "8.61%", "31 December 2025" ] }, { "id": "2025-11", "cells": [ "November 2025", "8.71%", "30 January 2026" ] }, { "id": "2025-12", "cells": [ "December 2025", "8.28%", "27 February 2026" ] }, { "id": "2026-01", "cells": [ "January 2026", "8.49%", "30 March 2026" ] }, { "id": "2026-02", "cells": [ "February 2026", "8.44%", "30 April 2026" ] }, { "id": "2026-03", "cells": [ "March 2026", "8.4%", "29 May 2026" ] }, { "id": "2026-04", "cells": [ "April 2026", "8.5%", "30 June 2026" ] }, { "id": "2026-05", "cells": [ "May 2026", "8.51%", "31 July 2026" ] }, { "id": "2026-06", "cells": [ "June 2026", "8.53%", "31 August 2026" ] }, { "id": "2026-07", "cells": [ "July 2026", "8.52%", "30 September 2026" ] }, { "id": "2026-08", "cells": [ "August 2026", "8.61%", "30 September 2026" ] } ], "source": { "name": "Reserve Bank of India", "url": "https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63702" }, "temporalCoverage": "2024-11/2026-08" }, { "title": "Lending rate on outstanding rupee loans", "columns": [ "Month", "Rate", "Source release" ], "rows": [ { "id": "2024-11", "cells": [ "November 2024", "9.89%", "31 January 2025" ] }, { "id": "2024-12", "cells": [ "December 2024", "9.88%", "28 February 2025" ] }, { "id": "2025-01", "cells": [ "January 2025", "9.87%", "27 March 2025" ] }, { "id": "2025-02", "cells": [ "February 2025", "9.8%", "30 April 2025" ] }, { "id": "2025-03", "cells": [ "March 2025", "9.77%", "30 May 2025" ] }, { "id": "2025-04", "cells": [ "April 2025", "9.7%", "30 June 2025" ] }, { "id": "2025-05", "cells": [ "May 2025", "9.69%", "31 July 2025" ] }, { "id": "2025-06", "cells": [ "June 2025", "9.44%", "29 August 2025" ] }, { "id": "2025-07", "cells": [ "July 2025", "9.38%", "30 September 2025" ] }, { "id": "2025-08", "cells": [ "August 2025", "9.32%", "31 October 2025" ] }, { "id": "2025-09", "cells": [ "September 2025", "9.26%", "28 November 2025" ] }, { "id": "2025-10", "cells": [ "October 2025", "9.24%", "31 December 2025" ] }, { "id": "2025-11", "cells": [ "November 2025", "9.21%", "30 January 2026" ] }, { "id": "2025-12", "cells": [ "December 2025", "9.06%", "27 February 2026" ] }, { "id": "2026-01", "cells": [ "January 2026", "9.04%", "30 March 2026" ] }, { "id": "2026-02", "cells": [ "February 2026", "9%", "30 April 2026" ] }, { "id": "2026-03", "cells": [ "March 2026", "8.99%", "29 May 2026" ] }, { "id": "2026-04", "cells": [ "April 2026", "8.98%", "30 June 2026" ] }, { "id": "2026-05", "cells": [ "May 2026", "8.97%", "31 July 2026" ] }, { "id": "2026-06", "cells": [ "June 2026", "8.96%", "31 August 2026" ] }, { "id": "2026-07", "cells": [ "July 2026", "8.97%", "30 September 2026" ] }, { "id": "2026-08", "cells": [ "August 2026", "8.96%", "30 September 2026" ] } ], "source": { "name": "Reserve Bank of India", "url": "https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63702" }, "temporalCoverage": "2024-11/2026-08" }, { "title": "Deposit rate on new rupee term deposits", "columns": [ "Month", "Rate", "Source release" ], "rows": [ { "id": "2024-11", "cells": [ "November 2024", "6.46%", "31 January 2025" ] }, { "id": "2024-12", "cells": [ "December 2024", "6.57%", "28 February 2025" ] }, { "id": "2025-01", "cells": [ "January 2025", "6.56%", "27 March 2025" ] }, { "id": "2025-02", "cells": [ "February 2025", "6.49%", "30 April 2025" ] }, { "id": "2025-03", "cells": [ "March 2025", "6.65%", "30 May 2025" ] }, { "id": "2025-04", "cells": [ "April 2025", "6.34%", "30 June 2025" ] }, { "id": "2025-05", "cells": [ "May 2025", "6.11%", "31 July 2025" ] }, { "id": "2025-06", "cells": [ "June 2025", "5.75%", "29 August 2025" ] }, { "id": "2025-07", "cells": [ "July 2025", "5.61%", "30 September 2025" ] }, { "id": "2025-08", "cells": [ "August 2025", "5.56%", "31 October 2025" ] }, { "id": "2025-09", "cells": [ "September 2025", "5.61%", "28 November 2025" ] }, { "id": "2025-10", "cells": [ "October 2025", "5.57%", "31 December 2025" ] }, { "id": "2025-11", "cells": [ "November 2025", "5.59%", "30 January 2026" ] }, { "id": "2025-12", "cells": [ "December 2025", "5.67%", "27 February 2026" ] }, { "id": "2026-01", "cells": [ "January 2026", "5.66%", "30 March 2026" ] }, { "id": "2026-02", "cells": [ "February 2026", "5.65%", "30 April 2026" ] }, { "id": "2026-03", "cells": [ "March 2026", "6.07%", "29 May 2026" ] }, { "id": "2026-04", "cells": [ "April 2026", "5.79%", "30 June 2026" ] }, { "id": "2026-05", "cells": [ "May 2026", "5.83%", "31 July 2026" ] }, { "id": "2026-06", "cells": [ "June 2026", "5.99%", "31 August 2026" ] }, { "id": "2026-07", "cells": [ "July 2026", "5.85%", "30 September 2026" ] }, { "id": "2026-08", "cells": [ "August 2026", "5.67%", "30 September 2026" ] } ], "source": { "name": "Reserve Bank of India", "url": "https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63702" }, "temporalCoverage": "2024-11/2026-08" }, { "title": "Deposit rate on outstanding rupee term deposits", "columns": [ "Month", "Rate", "Source release" ], "rows": [ { "id": "2024-11", "cells": [ "November 2024", "6.98%", "31 January 2025" ] }, { "id": "2024-12", "cells": [ "December 2024", "7%", "28 February 2025" ] }, { "id": "2025-01", "cells": [ "January 2025", "7.02%", "28 February 2025" ] }, { "id": "2025-02", "cells": [ "February 2025", "7.02%", "30 April 2025" ] }, { "id": "2025-03", "cells": [ "March 2025", "7.03%", "30 May 2025" ] }, { "id": "2025-04", "cells": [ "April 2025", "7.1%", "30 June 2025" ] }, { "id": "2025-05", "cells": [ "May 2025", "7.07%", "31 July 2025" ] }, { "id": "2025-06", "cells": [ "June 2025", "7%", "29 August 2025" ] }, { "id": "2025-07", "cells": [ "July 2025", "6.92%", "30 September 2025" ] }, { "id": "2025-08", "cells": [ "August 2025", "6.87%", "31 October 2025" ] }, { "id": "2025-09", "cells": [ "September 2025", "6.82%", "28 November 2025" ] }, { "id": "2025-10", "cells": [ "October 2025", "6.78%", "31 December 2025" ] }, { 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