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Data on lending and deposit charges of scheduled business banks (SCBs) (excluding regional rural banks and small finance banks) for the month of October 2022.
Highlights:
Lending Rates:
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The weighted common lending price (WALR) on recent rupee loans of SCBs elevated by 26 foundation factors (bps) from 8.33 per cent in August 2022 to eight.59 per cent in September 2022.
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The WALR on excellent rupee loans of SCBs elevated by 10 bps from 9.13 per cent in August 2022 to 9.23 per cent in September 2022.
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1-Year median Marginal Cost of Fund based mostly Lending Rate (MCLR) of SCBs elevated from 7.75 per cent in September 2022 to 7.90 per cent in October 2022.
Deposit Rates:
- The weighted common home time period deposit price (WADTDR) on excellent rupee time period deposits of SCBs elevated by 9 bps from 5.29 per cent in August 2022 to five.38 per cent in September 2022.
Rupambara
Director (Communications)
Press Release: 2022-2023/1119
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