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HDFC Bank has reduced its MCLR by up to 10 basis points for select loan tenures, effective 7 November, impacting borrowers with loans linked to this benchmark. The new MCLR rates range from 8.35% to 8 ...

Mumbai: HDFC Bank has announced a reduction in its loan interest rates, offering relief to customers with home, car, or personal loans linked to the Marginal Cost of Funds Based Lending Rate (MCLR).

MUMBAI: The country’s largest and second-largest private banks, HDFC Bank and ICICI Bank, continued to be cautious in expanding their personal loan books in Q2, particularly in the unsecured ...