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Bank of Baroda, Punjab National Bank, Indian Bank, Indian Overseas Bank and Bank of India increase repo-linked lending rates by 25 basis pointsSeveral domestic banks, including Bank of Baroda (BoB), Punjab National Bank (PNB), Indian Bank, Indian Overseas Bank (IOB), Bank of India (BoI) and RBL Ban…
RBI’s 25 bps repo hike raises borrowing costs, hitting home and auto loans, with mixed impact on new and existing borrowers.
GDP growth in FY27 hiked 40 bps to 7.1 pc; Inflation forecast up to 5.2 pc