From PNB to Bank of Baroda, These PSU Banks Make Loans Expensive After RBI Repo Rate Hike

From PNB to Bank of Baroda, these PSU banks make loans expensive after RBI repo rate hike

In an exchange filing, PNB said that it has increased its repo-linked lending rate (RLLR) from 8.10 per cent to 8.35 per cent, following the RBI's repo rate hike.

Punjab National Bank, Indian Bank raise lending rates after RBI repo rate hike — Here's what this means for customers…

After the RBI raised its repo rate to 5.50%, Punjab National Bank, Indian Bank, Bank of Baroda, Bank of India, Indian Overseas Bank and Tamilnad Mercantile Bank increased their lending rates. Here's what this means for customers…

RBI rate hike: PNB, Indian Bank, Bank of Baroda raise lending rates

PNB, Indian Bank, Bank of Baroda and other lenders raise lending rates after RBI hikes the repo rate by 25 basis points to 5.50 per cent

Banks raise lending rates after RBI policy rate hike

New Delhi: Hours after RBI raised its benchmark policy rate, large banks such as Punjab National Bank, Indian Bank and Bank of Baroda announced an increase in their lending rates, making loans expensive for borrowers. The Reserve Bank of India raised its benchmark interest rate by 25 basis points to 5.50 per cent on Wednesday, October 7, its first increase in nearly four years, and signalled that further hikes could follow as rising inflation an…