The RBI has disclosed data on lending and deposit rates for scheduled commercial banks, indicating trends in rates that could influence banking practices.
RBI Releases Lending and Deposit Rates for July 2026
The Reserve Bank of India (RBI) has published the lending and deposit rates of scheduled commercial banks as of July 2026. This data provides critical insights into the overall lending environment and the cost of funds within the banking sector.
For July 2026, the weighted average lending rate (WALR) on fresh rupee loans stood at 8.53%, reflecting a slight increase from the previous month. Meanwhile, the WALR on outstanding loans marginally declined, highlighting fluctuations in interest rates that influence both borrowers and lenders.
The importance of these trends cannot be overstated for legal and banking practitioners who must navigate these dynamics when advising clients on borrowing or investment decisions.
Citations
- Reserve Bank of India (2026) Press Release 63271