RBL Bank has hiked its marginal cost of funds-based lending rates by five basis points across tenures from Sunday, according to information on the bank's website.
After the modification, the bank's lending rates fall between 8.75 and 9.95%.
The private bank increased the MCLR across all loan tenures by 10 bps in December.
Banks must assess their lending rates monthly in accordance with Reserve Bank of India regulations, which are based on the marginal cost of capital.
Mumbai Local Train Update: Western Railway Adds 12 AC And 3 Non-AC Suburban Services On Shivaji Maharaj Jayanti
Mumbai News: Mulund Dumping Ground Misses Third Deadline; BMC Eyes April Target For Legacy Waste Clearance
Bombay HC Removes Harsh Kilachand As Executor Of Family Estate Over Fiduciary Breach
'Co-Operative Societies’ Registrar Cannot Adjudicate Disputes Between Members And Society': Bombay HC
