| (Per cent per annum) | | Year (as at end March) | Call/ Notice Money Rates | Five Major Banks | All SCBs | | Deposit Rates* | Lending Rates* | MCLR* (1-year) | WALR - Outstanding Rupee Loans$ | WALR - Fresh Rupee Loans$ | 1-Year MCLR (Median)$ | WADTDR$ | | Savings# | Term Deposits | | 1-3 Years | 3-5 Years | Above 5 Years | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | | 2004-05 | 4.65 | 3.50 | 5.25-5.75 | 5.75-6.25 | 6.25 | 10.25-11.00 | -- | -- | -- | -- | -- | | 2005-06 | 5.60 | 3.50 | 6.00-6.75 | 6.25-7.00 | 6.50-7.00 | 10.25-12.75 | -- | -- | -- | -- | -- | | 2006-07 | 7.22 | 3.50 | 6.75-8.50 | 7.75-9.50 | 7.75-8.50 | 12.25-14.75 | -- | -- | -- | -- | -- | | 2007-08 | 6.07 | 3.50 | 8.00-8.75 | 8.00-8.75 | 8.50-9.00 | 12.25-15.75 | -- | -- | -- | -- | -- | | 2008-09 | 7.26 | 3.50 | 8.00-8.75 | 8.00-8.50 | 7.75-8.50 | 11.50-16.75 | -- | -- | -- | -- | -- | | 2009-10 | 3.29 | 3.50 | 6.00-7.00 | 6.50-7.50 | 7.00-7.75 | 11.00-15.75 | -- | -- | -- | -- | -- | | 2010-11 | 5.89 | 3.50 | 8.25-9.00 | 8.25-8.75 | 8.50-8.75 | 8.25-9.50 | -- | -- | -- | -- | -- | | 2011-12 | 8.22 | 4.00 | 9.00-9.25 | 9.00-9.25 | 8.50-9.25 | 10.00-10.75 | -- | -- | -- | -- | -- | | 2012-13 | 8.09 | 4.00 | 8.75-9.00 | 8.75-9.00 | 8.50-9.00 | 9.70-10.25 | -- | -- | -- | -- | -- | | 2013-14 | 8.28 | 4.00 | 8.75-9.25 | 8.75-9.10 | 8.50-9.10 | 10.00-10.25 | -- | 12.11 | -- | -- | -- | | 2014-15 | 7.97 | 4.00 | 8.50-8.75 | 8.50-8.75 | 8.25-8.50 | 10.00-10.25 | -- | 11.76 | 11.07 | -- | 8.57 | | 2015-16 | 6.98 | 4.00 | 7.25-7.50 | 7.00-7.50 | 7.00-7.30 | 9.30-9.70 | -- | 11.20 | 10.47 | -- | 7.73 | | 2016-17 | 6.25 | 4.00 | 6.75-7.00 | 6.50-6.90 | 6.50-6.75 | 7.75-8.20 | 8.00-8.50 | 10.80 | 9.74 | 8.60 | 6.97 | | 2017-18 | 5.94 | 3.50-4.00 | 6.40-6.75 | 6.25-6.70 | 6.25-6.75 | 7.80-7.95 | 8.15-8.30 | 10.25 | 9.34 | 8.40 | 6.67 | | 2018-19 | 6.27 | 3.50-4.00 | 6.25-7.25 | 6.25-7.25 | 6.25-7.25 | 8.05-8.55 | 8.45-8.80 | 10.23 | 9.69 | 8.75 | 6.89 | | 2019-20 | 5.43 | 3.00-3.50 | 5.00-6.20 | 5.70-6.40 | 5.70-6.40 | 7.45-7.90 | 7.75-8.20 | 9.92 | 8.71 | 8.20 | 6.38 | | 2020-21 | 3.44 | 2.70-3.00 | 4.90-5.30 | 5.25-5.35 | 5.25-5.50 | 6.55-7.05 | 7.00-7.40 | 9.10 | 7.92 | 7.30 | 5.28 | | 2021-22 | 3.26 | 2.70-3.00 | 5.00-5.20 | 5.05-5.45 | 5.05-5.60 | 6.45-7.00 | 7.00-7.30 | 8.74 | 7.63 | 7.25 | 5.03 | | 2022-23@ | 4.38 | 2.70-3.00 | 5.30-5.60 | 5.35-6.10 | 5.35-5.90 | 6.80-7.65 | 7.60-7.90 | 8.93 | 7.94 | 7.40 | 5.13 | * : Data on deposit and lending rates in columns (3) to (8) relate to five major banks.
# : Data on savings deposit rates from 2011-12 onwards relate to balance up to ₹1 lakh. Savings deposit rate was deregulated with effect from October 25, 2011.
$ : Data on Weighted Average Lending Rates (WALRs), Weighted Average Domestic Term Deposit Rate (WADTDR) and 1-Year median marginal cost of funds-based lending rate (MCLR) pertain to all scheduled commercial banks (excluding RRBs and SFBs). Data on WALRs, WADTDR and 1-Year median MCLR pertain to end of the respective financial years.
@ : As on August 19, 2022; except for WALRs, WADTDR and 1-year median MCLR (June 2022).
Notes : 1. Data on lending rates in column (7) relate to Benchmark Prime Lending Rate (BPLR) for the period 2004-05 to 2009-10; Base Rate for 2010-11 to 2015-16 and Marginal Cost of Funds Based Lending Rate (MCLR) (overnight) for 2016-17 onwards. BPLR system was replaced by the Base Rate System from July 1, 2010, which, in turn, was replaced by the MCLR System effective April 1, 2016.
2. Call/Notice money rates are weighted average rates for the year.
Source: Scheduled Commercial Banks (excluding RRBs and SFBs) and the Reserve Bank of India. | |