Lending Rate
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Banks starts raising lending rates after RBI’s policy rate hike  

Hike in lending rates by banks comes after the RBI, last week, raised repo rate by 25 bps points in its fight against inflation.

published on : 14th February 2023
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Banks increase lending rates by 190 bps in tandem with RBI's repo rate hike

Further, banks have also increased their 1-year median marginal cost of funds-based lending rate (MCLR) by 85 bps from May to October 2022.

published on : 20th November 2022
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SBI raises benchmark lending rates by up to 50 basis points

With the increase in lending rate, EMIs will go up for those borrowers who have availed loans on MCLR, EBLR or RLLR.

published on : 15th August 2022
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LIC Housing Finance hikes lending rate by 60 basis points

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.

published on : 20th June 2022
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HDFC Bank increases lending rates by 0.35 per cent; second hike in two months

As per the new rate structure published on its website, HDFC Bank increased its Marginal Cost of funding based Lending Rate by 0.35 per cent from June 7.

published on : 7th June 2022
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Another rate hike on cards, say experts ahead of RBI's MPC meeting

There are speculations that the central bank may go for at least 35 basis points hike over and above the 40 bps hike effected last month after an off-cycle Monetary Policy Committee meeting.

published on : 5th June 2022
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Home loans, EMIs get dearer days ahead of RBI MPC meet

PNB and ICICI Bank have raised their internal benchmark or marginal cost of fund-based lending rate (MCLR) by 15 basis points (bps) and 30 bps each effective June 1.

published on : 2nd June 2022
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HDFC hikes lending rate by 30 basis points; loans to become dearer 

Earlier this month, HDFC had increased its benchmark lending rate by 5 basis points making EMI for existing borrowers expensive.

published on : 7th May 2022
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Sensex slips from record after RBI hikes repo rate; bank, auto stocks drag

The domestic equity indices traded in the red during the late-afternoon trade session soon after the Reserve Bank of India increased its key lending rates, which was widely expected.

published on : 1st August 2018
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Home, auto loan EMIs to go up as State Bank of India, Punjab National Bank hike lending rates

Two state-run lenders State Bank of India and Punjab National Bank today raised their lending rates by up to 20 basis points.

published on : 1st March 2018
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After SBI, PNB hikes lending rates from 8.15 to 8.30 per cent

The Punjab National Bank (PNB) on Thursday increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 15 bps, with immediate effect.

published on : 1st March 2018
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State Bank of India hikes interest rates on loans from 7.95 to 8.15 per cent

State Bank of India, the country's top lender by assets, raised marginal cost-based lending rates across most maturities, effective immediately.

published on : 1st March 2018