India's No 2 lender ICICI Bank said on Tuesday it would increase its benchmark lending rate, or the base rate, by 25 basis points to 7.75 per cent and the new rate would be effective from Wednesday.
ICICI Bank also said it would increase interest rates for retail fixed deposits by 25-50 basis points across various tenors.
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Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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