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Banking

Abu Dhabi Commercial Bank – Current Benchmark Prime Lending Rate

Abu Dhabi Commercial Bank has decreased its Benchmark Prime Lending Rate by 0.20%, or 20 basis points with effect from Tuesday, November 01, 2016. This interest rate cut will decrease the cost for those people who have taken their loans on floating rate of interest.

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Banking

Axis Bank Limited – Current Benchmark Prime Lending Rate

Axis Bank Limited has decreased its Benchmark Prime Lending Rate by 0.05%, or 05 basis points with effect from Thursday, January 04, 2018. This interest rate cut will decrease the cost for those people who have taken their loans on floating rate of interest.