HDFC Bank may raise loan rates after big SBI, ICICI Bank announcement
State Bank of India (SBI) and ICICI Bank have revised their marginal cost based lending rate (MCLR) effective September 1. HDFC Bank may also revise MCLR when it takes it up for review on September 7.
HDFC Bank likely to revise MCLR when it takes it up for review on September 7. Image source: Reuters