HDFC Bank has increased the benchmark marginal cost of funds-based lending rates (MCLR) by up to 5 basis points on select tenures. The rates are effective from November 7, 2023.
HDFC Bank has increased the benchmark marginal cost of funds-based lending rates (MCLR) by up to 10 basis points on select tenures. The bank has also hiked base rate by 5 bps and benchmark PLR by 15 bps. These rates are effective from September 25, 2023.