Banks Lower Deposit Rates as Lending Rates Rise on Fresh Loans in August
In August, banks reduced the weighted average rate on fresh rupee term deposits to 5.67%, while the average lending rate on new loans increased to 8.61%, widening the gap between deposit and lending rates. Public and private sector banks both lowered deposit rates, with lending rates rising mainly at private banks. Lending rates varied by loan type, with personal and education loans increasing, while vehicle and housing loan rates declined slightly. The Reserve Bank of India data also showed a marginal decline in lending rates on outstanding loans and a shift toward external benchmark-linked loans.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 37/100.
Outlets measured: news18, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 30 Sept, 01:42 pm. Other outlets followed.
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