Back to homepage

Tag "loan rate"

Union Bank of India to reduce MCLR by up to 5 bps across tenors

Union Bank of India to reduce MCLR by up to 5 bps across tenors

🕔08:10, 11.Sep 2020

Mumbai, Sep 11  The Union Bank of India will reduce the marginal cost of funds-based lending rate (MCLR) by up to 5 basis points across tenors. The reduced MCLR would come into effect on Friday. This is the 15th consecutive

Read Full Article
HDFC Bank cuts MCLR by 10 bps across tenors

HDFC Bank cuts MCLR by 10 bps across tenors

🕔17:00, 7.Aug 2020

Mumbai, Aug 7  HDFC Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all tenors with effect from Friday. According to the HDFC Bank website, post the rate cut, the overnight MCLR stands

Read Full Article