Monday, April 21, 2008

ICICI Bank Increases Auto Loan Interest Rates

ICICI Bank, the largest lender of vehicle finance has hiked interest rates on two- and four-wheelers between 50 and 75 basis points with effect from April 15. For instance, ICICI Bank''s rates that were around 13.75-14.25 per cent till last month have now increased to 14.5-15 per cent.

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