The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) softened to 8.75% in August, from 8.81% in July, the Reserve Bank of India said in a release on Tuesday. The WALR on outstanding rupee loans also edged lower to 9.32% from 9.38% a month ago.

How much did the share of external benchmark-linked loans rise?

The one-year median marginal cost of funds-based lending rate (MCLR) of SCBs stayed unchanged at 8.60% in September.

The share of external benchmark-linked loans in total outstanding floating rate rupee loans rose to 62.9% at end-June 2025, up from 61.6% at end-March, while the share of MCLR-linked loans declined to 33.8% from 34.9%.

How much did WADTDR drop for outstanding term deposits

On the deposit side, the weighted average domest

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