Home » retail prime lending rate

Tag: retail prime lending rate

Post
HDFC, ICICI banks up interest rates

HDFC, ICICI banks up interest rates

Loan rates by Housing Development Finance Corporation (HDFC) and ICICI Bank have risen. On August 22, the two major private banks announced an increase in their lending rates. HDFC has decided to raise its retail prime lending rate, on which its adjustable rate home loans are benchmarked, by 25 basis points to 16.65 per cent from August 23.