The new one-month and three-month MCLR rate now stands at 7.70 per cent and 7.75 per cent, respectively. The bank has also revised its base rate by 10 basis points to 9.40 per cent. Last week, mortgage player HDFC reduced its benchmark lending rate by 0.05 per cent.
from Personal Finance News-Wealth-Economic Times https://ift.tt/37HhxEw
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