Tamil Nadu-Based Bank Hikes Base Rate, BPLR On Loans By 5 Bps, Will EMIs Go Up?
Karur Vysya Bank's decision to raise its base rate and benchmark prime lending rate (BPLR) could have significant implications for borrowers, potentially leading to higher Equated Monthly Installments (EMIs). Effective March 13, 2024, this move aligns with the bank's strategy to ...