The weighted common lending charge (WALR) on contemporary rupee loans of economic banks s declined to 9.25 per cent in December 2024 from 9.40 per cent in November 2024.
The WALR on excellent rupee loans moderated to 9.87 per cent in December 2024 from 9.89 per cent in November 2024.
The one 12 months median Marginal Value of fund-based Lending Charge (MCLR) remained unchanged at 9 per cent in January 2025.
The weighted common home time period deposit charge (WADTDR) on contemporary rupee time period deposits stood at 6.57 per cent in December 2024 as in comparison with 6.46 per cent in November 2024.
The weighted common home time period deposit charge (WADTDR) on excellent rupee time period deposits was 7 per cent in December 2024 (6.98 per cent in November 2024).In response to the 250 foundation factors (bps) improve within the coverage repo charge since Could 2022, banks have revised their repo linked exterior benchmark-based lending charges (EBLRs) up by the same magnitude. The 1-year median marginal value of funds-based lending charge (MCLR) elevated by 175 bps throughout Could 2022 to December 2024.