Banks hike repo-linked loan rates, offer more on deposits
MUMBAI: ICICI Bank and Bank of Baroda have notified the increase in lending rates by 40 basis points (100bps = 1 percentage point) following a similar increase in key policy rates by the Reserve Bank of India (RBI) on Wednesday. Kotak Mahindra Bank raised its fixed deposit rates across multiple maturities for retail customers. The … Read more