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LIC Housing Finance Hikes Lending Rate By 60 Bps

LIC Housing Finance Hikes Lending Rate By 60 Bps

With this increase, the new interest rates, effective from June 20, on home loans will now start from 7.50 per cent, the company said in a release

20 June 2022
HDFC, Indian Overseas Bank Hike Lending Rate By 0.50%

HDFC, Indian Overseas Bank Hike Lending Rate By 0.50%

Earlier on Wednesday, three state-owned lenders Punjab National Bank, Indian Bank and Bank of India had announced raising their respective repo-based lending...

10 June 2022

SBI Hikes Lending Rate By 0.1%, EMIs To Go Up

This is the second hike in a month raising the cost by 0.2 per cent with the two consecutive increases.

Indian Overseas Bank Becomes Latest To Hike Repo-Based Lending Rate To 7.25%

Indian Overseas Bank Becomes Latest To Hike Repo-Based Lending Rate To 7.25%

With the RBI's decision to raise the policy rate by 0.40 per cent to 4.40 per cent last week, several banks have revised their lending rates based on repo and...

09 May 2022

HDFC Joins Cohort Of Banks To Hike Lending Rate By 0.25%

The bank has hiked the marginal cost of funding-based lending rate (MCLR) by 0.25 per cent across tenors from May 7, as per its website.

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08 May 2022
Indian Bank Revises Repo Linked Lending Rate

Indian Bank Revises Repo Linked Lending Rate

The bank's move comes after a number of banks raised their external benchmark based lending rates following an increase of 0.40 per cent in the repo rate


07 May 2022
HDFC Hikes Home Loan Rates For All Customers With Effect From May 9

HDFC Hikes Home Loan Rates For All Customers With Effect From May 9

HDFC hikes retail prime lending rate by 30 basis points. Other public, private sector banks expected to follow suit


21 April 2022
RBI Puts Lending Caps On NBFCs Exposure To A Single Entity, Norms Effective From October 1

RBI Puts Lending Caps On NBFCs Exposure To A Single Entity, Norms Effective From October 1

The Reserve Bank of India has specified the maximum permissible lending possible to a single entity by an NBFC or a group of connected NBFCs.


20 April 2022
Kotak Bank, Axis Bank Join Bank of Baroda and SBI In Hiking Lending Rates; Know Them Here

Kotak Bank, Axis Bank Join Bank of Baroda and SBI In Hiking Lending Rates; Know Them Here

Bank of Baroda was the first bank to hike MCLR-based lending rate, and then SBI followed suit. Now, Kotak Bank and Axis Bank have also increased their lending...


20 April 2022
SBI Increases Marginal Cost Of Lending Rate; Know How It Could Affect Your EMIs

SBI Increases Marginal Cost Of Lending Rate; Know How It Could Affect Your EMIs

SBI has increased the MCLR lending rate by 10 basis points or 0.1 per cent. Read here to find out more about this and how your loan EMIs could go up.


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19 January 2022
Power Finance Corp, REC Reduce Lending Rates By 40 Bps

Power Finance Corp, REC Reduce Lending Rates By 40 Bps

The reduction in rates has been possible due to the lower cost of borrowings by these organisations.


09 December 2021
Karur Vysya Bank Shares Rose 4% Over Cut In Lending Rate. Should You Buy?

Karur Vysya Bank Shares Rose 4% Over Cut In Lending Rate. Should You Buy?

Karur Vysya Bank will cut its base rate by 0.25 per cent to 7.75 per cent. It will also revise downwards the benchmark prime lending rate (BPLR) by a similar...


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