HDFC Bank cuts MCLR by 5 bps as lower funding costs aid repricing
· thehindubusinessline.com
HDFC Bank cuts MCLR by 5 bps, passing on lower funding costs to borrowers, enhancing competitive lending rates.
HDFC Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points across key tenures, becoming one of the first large lenders to pass...