ICICI Bank hikes EBLR, MCLR interest rates: Here’s how it will impact your loan EMI

ICICI Bank has announced the hiking of external benchmark lending rate (EBLR) by 50 basis points and marginal cost of funds lending rate (MCLR) by 10 basis points. The hike in these rates have come up after the Reserve Bank of India has announced the hike in key policy rates.