India HDFC to review home loan rates by end-June

MUMBAI, June 12 (Reuters) - Indian mortgage firm Housing Development Finance Corp (HDFC.BO) will take a decision on raising interest rates on home loans by end of this month, its chairman Deepak Parekh said on Thursday.

He said there was upward pressure on interest rates.

The central bank raised its key lending rate unexpectedly late on Wednesday by 25 basis points to 8.0 percent.

(Reporting by Saikat Chatterjee; Editing by Charlotte Cooper)