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The auto industry is bracing for a slowdown in demand with banks saying that they may be forced to increase loan rates because of the RBI’s decision to hike key rates. Lenders have indicated that a rate hike would happen in coming days.
Though the quantum of increase is still to be decided, the consensus [...]

HDFC Bank has slashed the interest rates on personal loans and commercial vehicles from February 23rd.
Personal loan rates have been reduced by 75 to 100 basis points from the existing rate of 17% to 17.5% while interest rate on commercial vehicle loans and two-wheeler loans have declined by 125 basis points to 13.5% to14% [...]