Search For "lending rate"
EXPLAINED: Why central banks, including the RBI, raising lending rates agg
Updated : 3 years, 10 months ago IST
New Delhi [India], July 4 (ANI): Countries across the world have been grappling with unprecedented levels of inflation. In the US, the inflation rate has increased by an unparalleled amount of 8.6 per cent in May 2022, reaching a forty-year high.
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Housing sales in metros decline 15 pc in April-June quarter
Updated : 3 years, 11 months ago IST
New Delhi [India], June 30 (ANI): In a major fallout of increased property prices and lending rate hikes by the RBI and subsequently by several domestic banks, the top 7 cities in India saw a 15 per cent moderation in housing sales during the second quarter of the current calendar year 2022
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LIC Housing Finance raises lending rates by 60 basis points
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 20 (ANI): LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced an increase in lending rate by 60 basis points or 0.60 per cent which will lead to a jump in EMIs of the company's customers.
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HDFC Bank hikes lending rates by 0.35 per cent; EMIs to go up
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): India's largest private sector lender HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 0.35 per cent or 35 basis points across all tenures, effective from June 7.
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Banks hike lending rates, loans to get costlier
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Leading private sector and government-run lenders including Punjab National Bank, ICICI Bank and mortgage lender HDFC have hiked their lending rates that will make home, car and other loans costlier.
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PNB to raise interest rate following 40 basis points repo rate increase by
Updated : 4 years ago IST
New Delhi [India], May 12 (ANI): Punjab National Bank (PNB) is set to increase interest rates following the hike in policy repo rate by the Reserve Bank of India, PNB Managing Director and Chief Executive Officer Atul Kumar Goel said on Thursday.
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HDFC raises interest rate on home loans by 0.30 per cent
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Just three days after the Reserve Bank of India (RBI) hiked the policy repo rate, the country's largest mortgage lender Housing Development Finance Corporation (HDFC) on Saturday announced 0.30 per cent increase in its home loans.
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PNB hikes interest rates on term deposits by 60 bps
Updated : 4 years ago IST
New Delhi [India], May 6 (ANI): Punjab National Bank has increased interest rates on term deposits in selected buckets up to 60 basis points with effect from Saturday.
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HDFC increases interest rates by 5 basis points
Updated : 4 years ago IST
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.
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Home, car loans get expensive as SBI, Axis Bank, others hike lending rates
Updated : 4 years, 1 month ago IST
New Delhi [India], April 19 (ANI): The country's largest lender State Bank of India (SBI), and other government and private banks including Axis Bank, Bank of Baroda and Kotak Mahindra Bank, on Tuesday increased their benchmark lending rates by up to 10 basis points or 0.10 per cent.
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China cuts lending rates to counter deepening economic slowdown: Report
Updated : 4 years, 4 months ago IST
Beijing [China], January 22 (ANI): China slashed lending rates for the second consecutive month as the country contends with a deepening slump in the real estate market and slowing economic growth, a media report said.
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Power Finance Corporation, REC Limited cut lending rates by 0.40 per cent
Updated : 4 years, 4 months ago IST
New Delhi [India], January 19 (ANI): The government-run Non-Banking Financial Companies (NBFCs), Power Finance Corporation and REC Limited, have reduced their lending rates across all types of loans by 40 bps or 0.40 per cent, the Ministry of Power said on Wednesday.
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