HDFC raises lending rates by 0.10 per cent, makes home loan dearer
Country's largest lender and HDFC's prime competitor in the mortgage market SBI had hiked its marginal cost of borrowing based lending rate by 0.05 per cent earlier this month.
The move comes amid a system-wide hike in lending rates due to tight liquidity and as a reaction to previous rate hikes by the RBI. Image source: Reuters