HDFC hikes lending rate by 25 bps; home loan to be costlier - Economic Times

8/2/2022 12:00:00 AM2 years 9 months ago
by PTI

The rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later next week. It is widely expected that MPC would hike interest rates to tame high inflation.

Mortgage lender Ltd on Saturday increased its benchmark lending rate by 25 basis points, a move that will make loans dearer for both existing and new borrowers. The rate hike comes ahead of the RBI'… [+1175 chars]

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HDFC hikes lending rate by 25 bps; home loan to be costlier - Economic Times

​​​The rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later next week. It is widely expected that MPC would hike interest rates to tame high inflation.

The rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later next week. It is widely expected that MPC would hike interest rates to tame high inflation.