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.
'Not A Design Flaw, But...': MMRDA Issues Clarification On Mira-Bhayandar Flyover's Transition From Four Lane To Two
'Have Created Free Trade Zone Of 2 Billion People': EU Chief Ursula von der Leyen After India-EU Concluded 'Mother Of All Deals'
Around 200 Volunteers Celebrate Republic Day By Removing Over Two Tons Of Trash From Mangroves In Navi Mumbai
India-EU Trade Deal Signed, Could European Cars Finally Get Cheaper For Indian Buyers?
