Public sector lender Bank of Baroda on Thursday said it has approved the revision in marginal cost of funds-based lending rates by 5 basis points across MCLR tenors. This comes a day after the Reserve Bank of India delivered another rate hike, increasing repo rate by 25 basis points to 6.50 per cent. The overnight MCLR rate has been revised …
Highlights ICICI Bank on Monday raised its lending rates by 0.15 percent across all tenors This will make EMI expensive for those who availed loans benchmarked against MCLR The rate hike comes ahead of the RBI's Monetary Policy Committee meeting later this week ICICI Bank, the second-largest private sector lender, on Monday raised its lending rates by 0.15 percent across …
