NEWS & ADVICE : HOME LOANS
Loan rates upped by OBC
By Joseph Samson
May 5, 2011
Print    Email    RSS   

Public sector lender, Oriental Bank of Commerce, has announced a rise in its prime lending rates (both BPLR and base rate).

The lender has introduced a 50 bps rise in its BPLR as well as base rate taking them to 14.25% and 10% respectively.

The new rates are coming to effect from today, May 05, 2011.

The rate hike comes as a follow up of the policy rate hike announced by Reserve Bank of India in the annual monetary policy for this fiscal.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Evaluate Hidden costs before buying a house
Hybrid loans – are they beneficial?
Mortgage insurance’s relevance in India
Identify the cheapest home loan offer
Banking Ombudsman: to the aid of the customer


PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

NEWS THIS WEEK
Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive