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The Times of India
The Times of India
Business
PTI

FOUND: Pnb hikes lending rate by 40 bps - What They Never Told You

PNB Punjab National Bank Interest Rates New Delhi

NEW DELHI: State-owned Punjab National Bank (PNB) on Friday said it has hiked its external benchmark linked lending rate by 0.40 per cent to 6.90 per cent with effect from June 1.

The move comes a day after several lenders, including ICICI Bank, Bank of Baroda and Bank of India, raised interest rates following the RBI's surprise repo rate hike on Wednesday.

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