Base Rate effect on home loans
Amit Geonka National Director Capital Transactions Knight Frank India says the RBI policy of moving the banking system away from BPLR to the Base Rate system will have negligible impact on home HDFC raises lending rate
HDFC on Tuesday raised its benchmark lending rate by 50 basis points to 1425 per cent a move that would make home loans costlierThe revised retail prime lending rate RPLR would be effective fromEMIs set to go up as SBI ICICI raise lending rates
State Bank of India SBI and ICICI Bank on Monday raised lending rates by 05 a move that will push up home loan EMIs apart from auto and consumer loansSBI hiked rates from around 95 to 10 A HDFC raises lending rate by 50 basis points on home loans
Leading housing finance firm HDFConTuesday raised its benchmark lending rate by 50 basis points to 1425 per cent a move that will make home loans costlierThe revised Retail Prime Lending Rate R