HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.
India Business News: MUMBAI: Indian Bank MD & CEO, Binod Kumar has said that the marginal cost of lending rate has bottomed out and may start inching up as cost of bul.