HDFC Bank cuts lending rate by 5 bps, check the latest rates | Mint
Source: Live Mint HDFC Bank has cut its marginal cost of funds-based lending rate on select tenures by upto 5 basis points. After the change, MCLR will now range between 9.15 percent and 9.45 percent. The new rates will come into force from Jan 7, 2025 onwards. What is MCLR? MCLR refers to the marginal…