New Delhi, July 2 -- The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from 9.26 per cent in April, according to Reserve Bank of India (RBI) data.

RBI data also showed that the weighted average lending rate on outstanding rupee loans of scheduled commercial banks dropped marginally to 9.69 per cent in May from 9.70 per cent in April.

The 1-year median Marginal Cost of Funds based Lending Rate (MCLR) of scheduled commercial banks moderated to 8.90 per cent in June from 8.95 per cent in May.

The share of External Benchmark based Lending Rate (EBLR) linked loans in total outstanding floating rate rupee loans of scheduled commercial banks was 61.6 per c...