HDFC Bank increases MCLR by up to 15 bps
Mumbai: Private lender HDFC Bank on Monday raised its Marginal Cost Based Lending Rate (MCLR) by up to 15 basis points on select tenors. The new rates are effective from May 8, 2023. The hike in MCLR rates will impact floating rate borrowers of personal loans and vehicle loans whose loans are tied to the … Read more