Supreme Court Upholds Acquittal, Holds Investigating Officer Cannot Create Evidence  ||  Supreme Court: NDPS Prosecution Cannot Be Quashed Solely Over Co-Accused’s Disclosure  ||  SC: Tax Classification Depends on Goods' Form at Sale, not their End Use  ||  Delhi High Court: No Material Showing Delhi Police Compromised the 2020 Riots Probe  ||  Madras HC Suggests Mandatory Attachment of Properties Suspected to Be Proceeds of Corruption  ||  P&H High Court: Demolition After Lawyer Flagged Corruption Appears Aimed at Silencing Him  ||  Calcutta High Court: Contempt Proceedings Cannot Be Used to Challenge Orders or Attack Judges  ||  Orissa High Court: Marriage Need Not Be Preserved When the Relationship Has Substantially Eroded  ||  SC: CIRP Can Continue Despite Fraudulent Insolvency Plea That Triggered It  ||  Delhi HC: Senior Citizen May Seek Eviction of Daughter-in-Law for Ill-Treatment    

Lending and Deposit Rates of Scheduled Commercial Banks - January 2023- (Reserve Bank of India) (31 Jan 2023)

MANU/RPRL/0067/2023

Banking

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) for the month of January 2023.

Highlights:

Lending Rates:

• The weighted average lending rate (WALR) on fresh rupee loans of SCBs increased by 02 basis points (bps) from 8.86 per cent in November 2022 to 8.88 per cent in December 2022.

• The WALR on outstanding rupee loans of SCBs increased by 10 bps from 9.42 per cent in November 2022 to 9.52 per cent in December 2022.

• 1-Year median Marginal Cost of Fund based Lending Rate (MCLR) of SCBs increased from 8.21 per cent in December 2022 to 8.35 per cent in January 2023.

Deposit Rates:

• The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs increased by 16 bps from 5.62 per cent in November 2022 to 5.78 per cent in December 2022.

Tags : LENDING   DEPOSIT RATES   COMMERCIAL BANKS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved