ICICI Bank launches floating rate for auto loans
ICICI Bank launches floating rate for auto loans India`s largest private sector lender, ICICI Bank (Q, N,C,F)* launched floating rate re-payment for auto and equipment loans. >ICICI is the first private bank in the country to offer both floating and fixed rates on car loans, commercial vehicles loans, construction equipment loans, and professional equipment loans. The floating rate is currently 0.5% lower than the fixed rate loans. Shares of the bank gained Rs 30.65, or 3.18%, to end at Rs 995.85. The total volume of shares traded was 706,737 at the BSE (Monday).
