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Pvt banks reduce lending rates more than PSBs in current cycle

Business Standard

|

October 23, 2025

Following the Reserve Bank of India’s (RBI) rate-setting panel's decision to reduce the policy rate by 100 basis points (bps), the weighted average lending rates on fresh and outstanding rupee loans declined by 58 bps and 55 bps, respectively, till August, according to RBI data.

Meanwhile, the weighted average domestic term deposit rates on fresh and outstanding deposits fell by 106 bps and 22 bps, respectively.

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