Private Sector Banks Hikes Home and Car Loan Rates by 25-50 bps
HDFC Bank, ICICI Bank and Kotak Mahindra have raised rates on home and auto loans, reflecting the stiffening market that may lead to the Reserve Bank of India (RBI) hastening with a lift in its policy rates from record lows to fight inflation. The country’s largest private sector lender, ICICI Bank, says it is going …
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