Despite 50-basis-pointcut in repo rate, banklending rates rose in July

Despite a 50-basis point repo rate cut by the RBI in June 2025, banks' weighted average lending rates (WALR) on new loans increased to 8.8% in July, up from 8.62% in June. This divergence from past trends is attributed to a higher proportion of high-yielding loans to MSMEs.

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