Axis Bank MCLR Rate Hike: India’s leading private sector lender Axis Bank has hiked its marginal cost of lending rate, the lender has said in a notification last week. With the latest rise in MCLR rates, the overnight and one-month MCLR rate of Axis Bank now stand at 7.85 per cent. The MCLR for three months, has been hiked to …
PNB MCLR Rate Hike: Public sector lender Punjab National Bank has increased its marginal cost of lending rate, or MCLR across all tenors, according to its website. PNB’s overnight benchmark marginal cost of lending rate has increased from 6.90 per cent to 7.00 per cent, while its rates for one month, three months and six months have been increased by …
HDFC Bank MCLR Rate Hike: Customers of India’s largest private sector lender HDFC Bank are likely to have to shell out more money as interest if they have taken any loan from the lender. HDFC Bank MCLR rates for overnight, one month and three months have been hiked to 7.70 per cent, 7.75 per cent and 7.80 per cent, hiked …
