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Bank lending rate on fresh rupee loans jump 18 bps MoM in July
Financial Express Bengaluru
|August 30, 2025
The weighted average lending rate on fresh rupee loans is up 18 basis points on month to 8.80% for scheduled commercial banks as of July, according to the data released by the RBI.
On a month-on-month basis, public sector banks increased their lending rates on fresh rupee loans by 31 basis points to 8.13%, while private sector banks reduced their rates by 16 basis points.
Foreign banks increased lending rates by 18 bps on a month to 8.25%.
The weighted average lending rate on outstanding rupee loans of scheduled commercial banks declined to 9.38% in July from 9.44% in June.
This story is from the August 30, 2025 edition of Financial Express Bengaluru.
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