India Bank Rates: May 2025 Update

Published 1 year ago

RBI data for May 2025 shows a slight decrease in both lending and deposit rates for Scheduled Commercial Banks. Fresh loan rates fell to 9.26%, while deposit rates averaged 6.30% in April, indicating a softening monetary environment.

Fresh loan rates decreased slightly to 9.26%.
1-Year MCLR moderated to 8.95% in May.
Fresh deposit rates declined to 6.30% in April.

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