Top 8 firms add over ₹4 lakh crore in market cap, HDFC Bank, ICICI Bank lead gains
In a week, the market valuation of eight of the top 10 most valued firms surged by ₹4,13,003.23 crore, with HDFC Bank and ICICI Bank emerging as the biggest gainers.
Home loans are set to get cheaper as mortgage lender HDFC Ltd has reduced its retail prime lending rate (RPLR) by 10 basis points (0.10 per cent).
“HDFC reduces its Retail Prime Lending Rate (RPLR) on housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 10 basis points, with effect from November 10, 2020,” HDFC said in a release on Monday.
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The change will benefit all existing HDFC retail home loan customers, it added.
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