Banks’ MCLR to rise 100-150 bps in FY24 on tight liquidity, high cost of funds

Drawdown of about ₹5-lakh crore from reverse repo and CD issues of about ₹1.5-lakh crore had enabled banks to address the gap between incremental credit and deposit in FY23

from | The HinduBusinessLine https://ift.tt/Af8NUI0