HDFC hikes home loan rates by 30 bps after RBI's repo rate hike

HDFC on Saturday raised its Retail Prime Lending Rate (RPLR) on home loans by 30 basis points, which will be effective from May 9. Earlier, the lender had increased its benchmark lending rate by 5 basis points. Notably, the Reserve Bank of India hiked the repo rate by 40 basis points earlier this week.