HDFC reduces its Retail Prime Lending Rate by 20 bps from June 12, 2020

Housing Development Finance Corporation Ltd (HDFC) has reduced its Retail Prime Lending Rate (RPLR) on housing and non-housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 20 basis points, with effect from June 12, 2020.

The change will benefit all existing HDFC retail home loan and non-home loan customers.

Shares of HOUSING DEVELOPMENT FINANCE CORP.LTD. was last trading in BSE at Rs.1787.1 as compared to the previous close of Rs. 1809.75. The total number of shares traded during the day was 130832 in over 7126 trades.

The stock hit an intraday high of Rs. 1825.35 and intraday low of 1782. The net turnover during the day was Rs. 235611955.

Source : Equity Bulls

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