Loans to get expensive! A look at base rates of major banks
Fri, Aug 23, 2013 at 12:07
In the beginning of this month, housing loan major HDFC had hiked its base rate by 20 bps to 9.80 percent. HDFC’s Retail Prime Lending Rate (RPLR) currently stands at 16.55 percent.
For loans upto Rs 30 lakh, rates have gone up from 10.15 percent to 10.40 percent, while rates for loans above Rs 30 lakh have gone up from 10.40 percent to 10.65 percent.