Icici Bank Home and Auto Loan Emis expected to rise another 20 basis points Loan rate hikes on all terms, see latest rates here
ICICI Bank increased its marginal cost of lending rate (MCLR) by 20 basis points (bps) across all mandates. Earlier on June 1, the private lender had raised the MCLR rate by 30 basis points.
According to ICICI’s website, the one-night, one-month MCLR was increased to 7.50% from 7.30% last month. The three-month and six-month MCLR at ICICI Bank also increased to 7.55% and 7.70% respectively. The one-year MCLR climbed to 7.75%.
(Edited by : Akriti Anand)
First post: STI