HDFC Bank raises loan interest rates; EMIs to rise further

[IndiaInsurance]

https://img.etimg.com/photo/97690582.cms (https://economictimes.indiatimes.com/wealth/borrow/hdfc-bank-raises-loan-interest-rates-emis-to-rise-further/articleshow/97690582.cms)The Marginal Cost of the Fund-Based Lending Rate or the MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. HDFC Bank has hiked its marginal cost of funds-based lending rates (MCLR).

More... (https://economictimes.indiatimes.com/wealth/borrow/hdfc-bank-raises-loan-interest-rates-emis-to-rise-further/articleshow/97690582.cms)