More Stories

Informist, Friday, May 30, 2025

--RBI: Weighted avg rate on new bank loans 9.26% Apr, down 9 bps from Mar 

--RBI: Weighted avg rate on new bank deposits 6.30% Apr, dn 35 bps from Mar 

MUMBAI – The weighted average rate on fresh rupee loans of scheduled commercial banks fell 9 basis points from a month ago to 9.26% in April, data released by the Reserve Bank of India on Friday showed. The weighted average rate on fresh rupee loans of public sector banks fell 20 bps on month to 8.46%, while those of private banks fell 24 bps to 10.08% in April. The weighted average lending rate of foreign banks fell by 19 bps to 8.74%.

The weighted average lending rate on outstanding rupee loans of scheduled commercial banks eased by 7 bps on month to 9.70% in April. The one-year median marginal cost of fund-based lending rate of scheduled commercial banks moderated to 8.95% in May from 9.00% in April.

The weighted average rate on fresh rupee term deposits of scheduled commercial banks was 6.30% for April, down 35 bps from 6.65% in March. The weighted average rates on fresh deposits of public sector banks fell 28 bps to 6.73% in April, while the rates of private sector banks declined 28 bps to 6.41%.  

The weighted average domestic term deposit rate on outstanding rupee term deposits of scheduled commercial banks was 7.01% in April, down marginally from 7.03% in March.  End

Reported by Sachi Pandey

Edited by Saji George Titus

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000 

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.