ICICI Financial institution, PNB hike exterior benchmark primarily based lending charges, Actual Property Information, ET Actual Property

NEW DELHI: Two main banks – ICICI Financial institution and PNB – on Friday elevated their lending charges after the RBI raised the benchmark rate of interest by 0.50 per cent. The Reserve Financial institution of India (RBI) elevated the important thing coverage repo fee – at which it lends short-term cash to banks – … Read more

Banks begin elevating their lending charges for exterior benchmark loans

On account of the 40 foundation factors hike within the repo charge introduced by the Reserve Financial institution of India (RBI) on Wednesday, giant banks reminiscent of ICICI Financial institution and Financial institution of Baroda have elevated their lending charges on loans linked to exterior benchmarks by an identical quantity. , ICICI Financial institution … Read more