Icici Bank Lending Rate

ICICI Bank, the second-largest private sector lender and state-owned Indian Bank on Monday raised their lending rates across all tenors in anticipation of a rate hike by the RBI later this week.

ICICI Bank has hiked its marginal cost of lending rate (MCLR) by 20 basis points (bps) across all tenures.

Just a day after RBI raised the repo rates, ICICI Bank on June 9 increased its external benchmark lending rate by 50 bps to 8.60 per cent

HDFC Limited has hiked its retail prime lending rate (RPLR) by 5 basis points or 0.05 per cent on housing loans

The RBI kept the repo rates - the key interest rates at which it lends money to commercial banks - steady at four per cent and reverse repo rate - the rate at which RBI borrows money from banks, unchanged at 3.35 per cent

The latest FD interest rates of HDFC Bank were released a day after the Reserve Bank of India kept key lending rates on hold in its fourth bi-monthly policy review meeting.

MCLR is generally referred to as the minimum lending rate below which a bank cannot lend.

State-run banks SBI (State Bank of India) and PNB (Punjab National Bank) and private sector lender ICICI Bank hiked their MCLRs to the tune of 10 basis points (bps) in early June.

State Bank of India, Punjab National Bank, ICICI Bank, Oriental Bank of Commerce, others raised the lending rates this month SBI MCLR marginal cost of lending rates Bank of India RBI repo rate FD interest rates interest rates across tenors

Bank of Baroda's 1-year MCLR will be 8.45 per cent, which is competitive as per the current market scenario: lending rates, marginal cost of funds based lending rates

State Bank of India's one-year MCLR, two-year MCLR and three-year MCLR have been raised to 8.25 per cent, 8.35 per cent and 8.45 per cent.

The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for the bank.

SBI raised its lending rate on Thursday. Following this, PNB and ICICI Bank raised their marginal cost of funds based lending rates (MCLR)

The reduction in interest rate will bring down interest rate on home and other loans linked to one-year MCLR by similar percentage point.

Chanda Kochhar, chief executive of top private sector lender ICICI Bank, said on Wednesday she expected lending and deposit rates to continue to fall.

ICICI Bank, the second-largest private sector lender and state-owned Indian Bank on Monday raised their lending rates across all tenors in anticipation of a rate hike by the RBI later this week.

ICICI Bank has hiked its marginal cost of lending rate (MCLR) by 20 basis points (bps) across all tenures.

Just a day after RBI raised the repo rates, ICICI Bank on June 9 increased its external benchmark lending rate by 50 bps to 8.60 per cent

HDFC Limited has hiked its retail prime lending rate (RPLR) by 5 basis points or 0.05 per cent on housing loans

The RBI kept the repo rates - the key interest rates at which it lends money to commercial banks - steady at four per cent and reverse repo rate - the rate at which RBI borrows money from banks, unchanged at 3.35 per cent

The latest FD interest rates of HDFC Bank were released a day after the Reserve Bank of India kept key lending rates on hold in its fourth bi-monthly policy review meeting.

MCLR is generally referred to as the minimum lending rate below which a bank cannot lend.

State-run banks SBI (State Bank of India) and PNB (Punjab National Bank) and private sector lender ICICI Bank hiked their MCLRs to the tune of 10 basis points (bps) in early June.

State Bank of India, Punjab National Bank, ICICI Bank, Oriental Bank of Commerce, others raised the lending rates this month SBI MCLR marginal cost of lending rates Bank of India RBI repo rate FD interest rates interest rates across tenors

Bank of Baroda's 1-year MCLR will be 8.45 per cent, which is competitive as per the current market scenario: lending rates, marginal cost of funds based lending rates

State Bank of India's one-year MCLR, two-year MCLR and three-year MCLR have been raised to 8.25 per cent, 8.35 per cent and 8.45 per cent.

The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for the bank.

SBI raised its lending rate on Thursday. Following this, PNB and ICICI Bank raised their marginal cost of funds based lending rates (MCLR)

The reduction in interest rate will bring down interest rate on home and other loans linked to one-year MCLR by similar percentage point.

Chanda Kochhar, chief executive of top private sector lender ICICI Bank, said on Wednesday she expected lending and deposit rates to continue to fall.