Business Axis Bank raises lending rates by 10 basis points Updated : June 18, 2018 02:33 PM IST The lending rates have increased from 8.95 percent to 9.05 percent with effect from Monday, the bank said in a statement. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.