HDFC Bank cuts base rate by 0.35% to 9.35%; lowest in industry
After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank Monday lowered its base lending rate by 0.35 to 9.35 -- the lowest in the industry.
Aug 31, 2015, 19:21 PM ISTHDFC Bank slashes base rate by 0.35%, loans to be cheaper
Private sector HDFC Bank on Monday cut the base rate by 0.35 percent to 9.35 percent from the existing 9.70 percent, thereby making loans from the bank cheaper.
Aug 31, 2015, 16:56 PM IST