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The Times of India

Business

PTI

Auto, home and personal loans become expensive with banks raising rates

RBI Bank of Baroda Bank of India HDFC Ltd ICICI Bank Indian Bank Indian Overseas Bank Interest Rates New Delhi Punjab National Bank

NEW DELHI: Auto, home and personal loans have become costlier with banks and other financial institutions increasing interest rates following the repo rate hike by RBI on Wednesday.

A number of banks including ICICI Bank, Bank of Baroda, Punjab National Bank (PNB), Bank of India, Indian Bank, Indian Overseas Bank and the country's leading mortgage lender HDFC Ltd have raised lending rates for their customers.

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