scorecardresearchLIC Housing Finance hikes lending rates by 50 basis points

LIC Housing Finance hikes lending rates by 50 basis points

Updated: 22 Aug 2022, 02:01 PM IST
TL;DR.
LIC Housing Prime Lending Rate (LHPLR) has been increased by 50 basis points or 0.50 per cent with effect from 22nd August 2022, LIC Housing Finance Ltd said in a statement.
A vegetable vendor counts Indian rupee banknotes at a vegetable market in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

A vegetable vendor counts Indian rupee banknotes at a vegetable market in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg