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Axis Bank hikes MCLR by 10 basis points across tenures

Axis Bank has increased its marginal cost of funds-based lending rates by 10 basis points across tenures as of Saturday, as per the information on the bank's website. The bank's loans will have updated interest rates that fall between 8.70 and 9.50%. The lender increased the MCLR across all tenures by 5 bps in January.

SBI hikes retail term deposit interest rates by up to 80 bps, check new FD rates

SBI interest rate hike: Earlier, the State Bank of India had increased the savings deposit rates by 30 bps for large accounts.

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