RBI to Disseminate Interest Rate Data on Monthly Basis from April 2017

With a view to improving the frequency and timeliness of release of interest rate data, it has been decided that the following four tables will now be released on a monthly basis beginning April 2017:

  1. Bank group-wise WALR on outstanding rupee loans;
  2. Bank group-wise WALR on fresh rupee loans sanctioned;
  3. Individual bank-wise 1- year MCLR; and
  4. Bank group-wise 1- year median MCLR

The tables are at present being released on a quarterly basis.

The Reserve Bank has been publishing data on lending rates of banks on its website (https://www.rbi.org.in/rbi-sourcefiles/lendingrate/LendingRates.aspx#) every quarter since the quarter ended June 2002.

A new table on bank-group-wise weighted average domestic term deposit rates has also been introduced.

The new tables on a monthly basis could be accessed at https://rbi.org.in/Scripts/Pr_DataRelease.aspx?SectionID=369&DateFilter=Year.

Source: RBI CIRCULAR

One thought on “RBI to Disseminate Interest Rate Data on Monthly Basis from April 2017

Leave a Reply

Your email address will not be published. Required fields are marked *