HDFC Bank lowers MCLR by up to 5 bps, revises FD rates, offering financial relief and flexibility for borrowers and depositors.
Although most banks offer somewhat similar rates on fixed deposits, a marginal difference of 40-50 basis points can boost ...
HDFC Bank has cut its marginal cost of funds-based lending rate (MCLR) on select tenures by up to 5 basis points (bps). The revised rates are applicable from January 7, 2025 onwards.