ICICI Bank is planning to increase its home loan rates by 50 basis points "anytime before the end of the current fiscal".
V Vaidyanathan, retail banking head of ICICI Bank, said interest rates on auto loans may also go up between 25-50 basis points while rates on
personal loans and credit cards may not be hiked.
"Liquidity condition is tight. There is a clear pressure on liquidity. We are evaluating the cost of funds," he said, adding the bank would have no alternative but to pass the rising cost of deposits to customers.