HDFC Ltd raises retail prime lending rate by 5 basis points; EMI on home loans likely to go up
According to an official statement, “HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 5 basis points, with effect from June 1, 2022.”
Earlier, SBI and other lenders raised benchmark lending rates, pushing EMIs for the existing customers: PTI