Lending Rate

Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points.

State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers.

State-owned Bank of Baroda on Thursday said it has increased its marginal cost of funds based lending rate by up to 15 basis points (bps) across tenors.

Sate-owned SBI and private lenders Kotak Mahindra Bank and Federal Bank have hiked their lending rates.

Following the Reserve Bank of India's announcement to hike its repo rate by 0.5 per cent to take it to 5.90 per cent, the State Bank of India has raised its loan rates by 50 basis points.

Mortgage lender HDFC Ltd on Friday hiked its lending rate by 50 basis points hours after the Reserve Bank raised the benchmark interest rate to tame inflation.

RBI Repo Rate Hike: RBI's latest rate hike will weigh on already stretched household budgets as loans will get more expensive.

The Reserve Bank of India hiked its key lending rate by 50 basis points to 5.90 per cent.

The Reserve Bank of India's benchmark repo rate was raised by 50 basis points today, the fourth straight increase in the current cycle, as policymakers extended their battle to tame sustained above-target retail inflation rate.

The country's largest lender, State Bank of India (SBI), raised the Benchmark Prime Lending Rate (BPLR) by 70 basis points (or 0.7 per cent) to 13.45 per cent on Wednesday.

Canara Bank on Tuesday said it has hiked the benchmark MCLR by up to 0.15 per cent, a move that will make loans costlier.

Punjab National Bank has raised the marginal cost of funds-based lending rate (MCLR) by 0.05 per cent across tenors from September 1, making most of the consumer loans costlier.

Mortgage lenders Bajaj Housing Finance and LIC Housing Finance on Monday announced a 0.50 per cent hike each in their lending rates.

LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced 50 basis points increase in lending rates following the Reserve Bank of India's recent decision to hike policy repo rate.

State Bank of India (SBI) on Monday raised its benchmark lending rates by up to 50 basis points (or 0.5 per cent), a move that will lead to an increase in EMIs for borrowers.

Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points.

State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers.

State-owned Bank of Baroda on Thursday said it has increased its marginal cost of funds based lending rate by up to 15 basis points (bps) across tenors.

Sate-owned SBI and private lenders Kotak Mahindra Bank and Federal Bank have hiked their lending rates.

Following the Reserve Bank of India's announcement to hike its repo rate by 0.5 per cent to take it to 5.90 per cent, the State Bank of India has raised its loan rates by 50 basis points.

Mortgage lender HDFC Ltd on Friday hiked its lending rate by 50 basis points hours after the Reserve Bank raised the benchmark interest rate to tame inflation.

RBI Repo Rate Hike: RBI's latest rate hike will weigh on already stretched household budgets as loans will get more expensive.

The Reserve Bank of India hiked its key lending rate by 50 basis points to 5.90 per cent.

The Reserve Bank of India's benchmark repo rate was raised by 50 basis points today, the fourth straight increase in the current cycle, as policymakers extended their battle to tame sustained above-target retail inflation rate.

The country's largest lender, State Bank of India (SBI), raised the Benchmark Prime Lending Rate (BPLR) by 70 basis points (or 0.7 per cent) to 13.45 per cent on Wednesday.

Canara Bank on Tuesday said it has hiked the benchmark MCLR by up to 0.15 per cent, a move that will make loans costlier.

Punjab National Bank has raised the marginal cost of funds-based lending rate (MCLR) by 0.05 per cent across tenors from September 1, making most of the consumer loans costlier.

Mortgage lenders Bajaj Housing Finance and LIC Housing Finance on Monday announced a 0.50 per cent hike each in their lending rates.

LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced 50 basis points increase in lending rates following the Reserve Bank of India's recent decision to hike policy repo rate.

State Bank of India (SBI) on Monday raised its benchmark lending rates by up to 50 basis points (or 0.5 per cent), a move that will lead to an increase in EMIs for borrowers.