YES Bank has hiked its marginal cost of funds-based lending rates by five basis points across tenures, according to a release by the bank.
After the revision, the bank's lending rates are in the range of 8.40-9.90%.
Banks must assess their lending rates monthly in accordance with Reserve Bank of India regulations based on the marginal cost of funds.
The shares of YES Bank traded 3.3% lower at ₹16.30 on NSE, at 11:00 IST.
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