ICICI Bank hikes auto loan rates by 100 bps

ICICI Bank has increased auto loan rates by 100 basis points with effect from today, a bank official told PTI.

"However, there is no change in home loan rates," he said, adding the discount that the bank had been offering on certain categories of home loans have been withdrawn.

ICICI Bank had increased deposit rates in mid-February by 50 basis points. It had also hiked home loan rates by 50 basis points w.e.f February 13.