ICICI Bank, HDFC Bank, PNB, others: Banks that have hiked MCLR, repo linked home loan interest rates

The Reserve Bank of India (RBI) surprised everyone by raising the repo rate by 40 basis points to 4.40 percent with immediate effect. Let us take a look at the banks that hiked their repo rate linked loan interest rates after RBI’s rate hike.

from Personal Finance News-Wealth-Economic Times https://ift.tt/0tVWkq9