{"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 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