HDFC Bank cuts MCLR on loans by 20 bps across all tenors

According to the HDFC Bank website, its overnight MCLR stands reduced to 7.10 per cent, while one-month MCLR is 7.15 per cent. One-year MCLR, to which many of the consumer loans are tied, will now be 7.45 per cent.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2O1HNl8