Home / News / India News / Article /
After RBI hikes repo rate, HDFC raises lending rate by 50 bps; EMIs to increase
Updated On: 30 September, 2022 06:48 PM IST | New Delhi | PTI
The Monetary Policy Committee (MPC), comprising three members from the RBI and three external experts, raised the key lending rate or the repo rate to 5.90 per cent
Listen to this article :
HDFC Bank. File Pic
Mortgage lender HDFC Ltd on Friday hiked its lending rate by 50 basis points hours after the Reserve Bank of India (RBI) raised the benchmark interest rate to tame inflation.
The move would increase EMIs for housing loans by the firm.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT