Calcutta HC: Discriminatory Excise Rule Modified To Ensure Equality  ||  SC: Supreme Court Orders Expansion And Reform Of Open Prisons  ||  SC: Parallel Insolvency Proceedings Allowed Against Debtor And Guarantor  ||  SC: Clear Deed Terms Cannot Be Altered Later  ||  SC: Limitation Begins When Accused Identity Becomes Known  ||  SC: Submission of Maadhyamik Admit Card Along With Class X Pass Certificate For Verification  ||  SC: Compassionate Aid to Govt Employee’s Family Deductible From Motor Accident Compensation  ||  Supreme Court: Rooh Afza Taxable at 4% As Fruit Drink Under UP VAT Act  ||  Supreme Court: Document isn’t Forged Just Because it’s Not Found in Public Office Records  ||  Delhi High Court: Wards of Disabled Soldiers in Service Not Eligible For Priority-II Reservation    

Lending and Deposit Rates of Scheduled Commercial Banks - November 2023- (Reserve Bank of India) (30 Nov 2023)

MANU/RPRL/0737/2023

Banking

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of November 2023 are set out in Tables 1 to 7.

Highlights:

Lending Rates:

• The weighted average lending rate (WALR) on fresh rupee loans of SCBs was at 9.50 per cent in October 2023 (9.38 per cent in September 2023).

• The WALR on outstanding rupee loans of SCBs moved to 9.84 per cent in October 2023 from 9.83 in September 2023.

• 1-Year median Marginal Cost of Fund based Lending Rate (MCLR) of SCBs remained unchanged at 8.70 per cent in November 2023.

Deposit Rates:

• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs moved to 6.31 per cent in October 2023 from 6.32 per September 2023.

• The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs was at 6.75 per cent in October 2023 (6.69 per cent in September 2023).

Tags : LENDING RATES   DEPOSIT RATES   COMMERCIAL BANKS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved