Policy rate hike has brought with it corresponding saga of rise in the lending rate scenario of the country. One after the other, lenders are hiking their base rates as well as BPLRs.

Public sector lenders, Dena Bank, Bank of Baroda and Bank of India have raised their base rate as well as benchmark prime lending rates (BPLRs). All the three lenders have raised their base rate as well as BPLRs by 50 basis points each.

Following the revision, the base rate and BPLR for BoB now stand at 10 and 14.25% respectively, while it is 9.95% and 15% respectively for Dena Bank.

BoI has base rate and BPLR at 10 and 14.25% respectively.