HDFC Bank hikes MCLR: How much your EMI will go up

HDFC Bank increased its marginal-cost based lending rate (MCLR) with effect from May 7, 202, following the Reserve Bank of India's (RBI) surprise move to boost repo rates by 40 basis points (100 basis points = 1%).

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