HDFC Lending Rate

Shifted from quarterly reset for individual loans to monthly one

The mortgage lender has raised rates by 140 bps since May, passing on the entire repo hike to borrowers

Housing Development Finance Corp Ltd hiked its benchmark lending rate by 25 basis points, with effect from August 1, the company said in an exchange filing

HDFC Bank has hiked its MCLR by 60 basis points since the Monetary Policy Committee (MPC) hiked the benchmark policy rate by 40 basis points in early May

The revised rate of 6.75% comes into effect today

HDFC cuts lending rate by 5 bps for salaried people, effective from March 9

The rub-off effect of subsidiaries is quite prominent on the stock price movement; loan growth at 12 per cent in July-September quarter

The move comes a day ahead of the policy review by the Reserve Bank, which is reportedly peeved at lenders for not passing on its three consecutive rate cuts of 0.75 percent to the borrowers

Here's a list of products and services that might either pinch your pockets or ease your expenses in the coming months

Housing Development and Finance Corp (HDFC) on Thursday announced increasing its lending rates by 0.20 percentage points, a day after the RBI hiked the policy rate