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News Business Axis Bank hikes base rate by 0.25% to 10.25%

Axis Bank hikes base rate by 0.25% to 10.25%

New Delhi: Axis Bank Ltd on Monday said it has raised its minimum lending rate, or base rate, by 25 basis points to 10.25% with immediate effect.Axis Bank follows its private sector rivals HDFC Bank

axis bank hikes base rate by 0.25 to 10.25 axis bank hikes base rate by 0.25 to 10.25
India TV Business Desk Published : Aug 19, 2013 18:19 IST Updated : Aug 19, 2013 18:21 IST
New Delhi: Axis Bank Ltd on Monday said it has raised its minimum lending rate, or base rate, by 25 basis points to 10.25% with immediate effect.



Axis Bank follows its private sector rivals HDFC Bank Ltd and Yes Bank Ltd in hiking its lending rate.

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