1 min read.Updated: 09 May 2022, 09:52 AM ISTLivemint
HDFC Bank hikes MCLR: Equated monthly installment (EMI) for different categories of loans will go up
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HDFC Bank, the country's largest private sector bank, hiked its marginal-cost based lending rate (MCLR) on loans for all tenors by 25 basis points (bps). The hike in HDFC Bank's lending rate will make EMIs on home and other loans tied to its marginal cost of funds based lending rate dearer.