The weighted average lending rate (WALR) on outstanding rupee loans of SCBs stood at 8.97 per cent in July 2026 (8.96 per cent in June 2026).
GK and monthly revision
Lending and Deposit Rates of Scheduled Commercial Banks – August 2026
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during August 2026 are set out in Tables 1 to 9. Highlights: Lending Rates:
Source: Reserve Bank of India (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
The WALR on fresh rupee loans of SCBs declined marginally to 8.52 per cent in July 2026 from 8.53 per cent in June 2026.
1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs stood at 8.70 per cent in August 2026 (8.60 per cent in July 2026).
The WALR on fresh as well as outstanding rupee loans exhibited a mixed movement across sectors in July 2026.
The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs remained unchanged at 6.58 per cent in July 2026 from June 2026.
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Note which exams each story matters for, and revise it again in the week before that exam.