State-owned PNB hikes lending rate by 40 bps
State-owned Punjab National Bank (PNB) on Friday said it has hiked its external benchmark linked lending rate by 0.40 per cent to 6.90 per cent with effect from June 1
Repo Linked Lending Rate (RLLR) has been changed from 6.50 per cent to 6.90 per cent with effect from June 1, 2022 for existing customers, PNB said in a regulatory filing. Source: Reuters