New Delhi [India], May 1 (ANI): HDFC consumers will pay a higher interest rate on loans as HDFC increased its Retail Prime Lending Rate (RPLR) on housing loans on which its Adjustable Rate Home Loans (ARHL) are benchmarked by 5 basis points with effect from today.
Chennai (Tamil Nadu) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by Reserve Bank of India (RBI), Indian Overseas Bank reduced its interest rate on loans by 5 basis points for periods of one year and above.
Hyderabad (Andhra Pradesh) [India], October 6 (ANI): The Rural Electrification Corporation (REC) of India has agreed to reduce the interest rate on loans to be given to Andhra Pradesh by 2 per cent.