DHFL hikes prime lending rate by 50 bps

Dewan Housing Finance Corporation Ltd (DHFL) announced a 50 basis point hike in its retail prime lending rate (RPLR) for its existing customers.

NEW DELHI: Dewan Housing Finance Corporation Ltd (DHFL), India���s second largest private sector housing finance company, on Tuesday announced a 50 basis point hike in its retail prime lending rate (RPLR) for its existing customers. The increase will be effective from July 1, 2008.

DHFL has not hiked the interest rates for fixed home loans for its existing customers. It has, however, revised its interest rates for new customers who wish to avail home loans, the company said in a press release.
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