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From SBI To HDFC, Banks Hike Lending Rates, Check New Rates Here
16 Feb 2023, 02:36 PM IST i

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Repo rate is the rate at which the central bank lends money to commercial banks. (File)
The Reserve Bank of India (RBI) hiked the repo rate by 250 basis points to 6.50%, earlier this month. This has prompted several banks to increase their lending interest rates, making loans costlier for borrowers.
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