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Both these banks made loans more expensive when the RBI hiked the repo rate! Now customers will lose their pocketAchi News

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Both these banks made loans more expensive when the RBI hiked the repo rate! Now customers will lose their pocket

ICICI Bank and Punjab National Bank have decided to hike the loan interest. ICICI Bank has decided to increase its external benchmark lending rate. These rates are effective from August 5, 2022.

At the same time, after Punjab National Bank decided to increase I-EBLR, it became 9.10%. PNB has decided to increase its RBI-related loan RLLR. Increased from 7.40% to 7.90%. These new rates will be effective from August 8, 2022.

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