PNB, Axis Bank hike PLR rates
Punjab National Bank (PNB) has hiked PLR by 100 basis points (bps) and deposit rates by 75100 bps, reports CNBCTV18. Axis Bank has also raised its PLR by 50 bps from 15.25% to 15.75 % with effect from July 30. The bank has not taken a decision yet on home loans.
