HDFC Bank hikes MCLRs by 20 bps across tenures, one-year rate now stands at 8.6%

HDFC Bank, the country’s largest private-sector lender by assets, raised its marginal cost of funds-based lending rates (MCLRs) by 20 basis points (bps) across tenures. Its one-year MCLR now stands at 8.6%.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Qef7VV