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MCLR News

Despite RBI's Liquidity Boost and Rate Cuts, Corporate Loan Costs Remain Unchanged

Emily Rodriguez 18 Mar, 2025

The Reserve Bank of India has injected significant liquidity and cut rates, yet corporate loan costs remain high due to steady MCLR rates and banks' reluctance to lower deposit rat...

Business

HDFC Bank Increases MCLR Rates: What You Need to Know

Emily Rodriguez 09 Dec, 2024

HDFC Bank has increased its MCLR for short-term periods by up to 5 basis points. The overnight MCLR has risen from 9.15% to 9.20%, effective from December 7, 2024. Other tenures re...