The Marginal Cost of Funds-Based Lending Rate (MCLR) serves as the minimum interest rate that HDFC Bank must charge for its ...
Currently, DGV partners with Federal Bank, Karnataka Bank, HDFC and Bank of India. It aspires to get an NBFC licence by the ...
Studying abroad is a dream for most students, but it is often hindered by financial challenges. Fortunately, several Indian banks and financial institutions are offering the best education loans in ...
However, HDFC Bank, the largest private-sector bank ... SBI had 35.6% of its total bank advances of ₹39.2 trillion at the end ...
The rate adjustment raises the overnight and one-month tenures by 5 basis points each, with a similar 5 bps increase for the ...
New loan rates: Private lender HDFC Bank has implemented revisions to its Marginal Cost of Funds-Based Lending Rates (MCLR) ...
HDFC Bank on Thursday raised the marginal cost of funds-based lending rate (MCLR) by 5 basis points (0.05 percentage points) on select maturity. The benchmark one-year tenor MCLR, which is used to ...
When MCLR is raised, loan EMIs typically go higher. Since MCLR rates are more dynamic, any change in these rates lead to tweak in the lending rates, thus impacting the loan EMIs.
The benchmark one-year tenor MCLR, which is used to price most consumer loans like auto and personal, has been retained at ...
After the loan rate hike, the overnight MCLR has gone up to 9.15% from 9.10%, while the one-month MCLR has moved up to 9.20% from 9.15%. Moreover, the three-year MCLR, on the other hand, has increased ...
Private sector HDFC Bank on Thursday raised the marginal cost of funds-based lending rate (MCLR) by 5 basis points (0.05 ...