Country's second largest public sector lender Punjab National Bank said on Wednesday it might increase prime lending rate in the range of 25 to 50 basis points, but a decision had not been taken.
"We have not taken any decision but there could be a case for hike in PLR by 25 to 50
basis points," PNB Chairman and Managing Director S C Gupta told reporters in New Delhi.
Regarding home and consumer loans, he said the bank was reviewing the situation.
"The asset liability committee will take decisions in a week," he said.
