Foreign banks have exhibited the strongest transmission of the Reserve Bank of India's policy easing during the current rate-cut cycle, lowering both lending and deposit rates more sharply than their public and private sector peers, according to the RBI's bulletin. In its monthly bulletin released on Wednesday, the RBI said that during the easing cycle between February 2025 and May 2026, scheduled commercial banks (SCBs) reduced repo-linked external benchmark-based lending rates (EBLR) and marginal cost of funds-based lending rates (MCLR), with pass-through to fresh lending rates remaining particularly strong in infrastructure and other EBLR-mandated sectors. The bulletin showed that foreign banks cut weighted average lending rates (WALR) on fresh rupee loans by 1.24 percentage point, compared with 1.08 percentage point by private banks and 0.66 per cent by public sector banks.
Powered by Capital Market - Live News
FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com
BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737
ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)
© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.
Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)
