These banks have increased interest rates with PNB expensive loans

These banks have increased interest rates with PNB expensive loans
These banks have increased interest rates with PNB expensive loans


Business News : - Public sector Punjab National Bank has increased the marginal cost-based loan interest rate (MCLR) by 0.10%. In the information given to the stock exchange, the bank said that these rates have come into effect from 1st July. The bank has increased the interest rate of loan for six months to 0.10%, which is now 8.40%.
While interest rate on loans for one, three and five years has been increased to 0.05%, after which it has gone up 8.45%, 8.60% and 8.75% respectively. The bank has increased the interest rate of one day, one month and three months to 0.10% and it has now become 7.90%, 8.05% and 8.20% respectively.

Similarly, Allahabad Bank has increased its interest rates by 0.10%. The rate of interest on the loan of one or two and three years of the bank has increased by 0.10%, after which it has gone up 8.45%, 8.65% and 8.75% respectively.

Similarly, interest rates on one day, one month, three months and six months have been increased.
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