Thursday, August 6, 2020

HDFC Bank cuts MCLR by 10 bps across all tenors

According to the HDFC Bank website after the latest rate reduction, its overnight MCLR stands reduced to 7 per cent, while one-month MCLR is 7.05 per cent. One-year MCLR, to which many of the consumer loans are linked, will now be 7.35 per cent.

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

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