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HDFC Bank Reduces Lending Rates: What It Means for Borrowers and Investors

1 week ago Market Analysis and Economic Insights 0

HDFC Bank Reduces Lending Rates: How It Impacts Borrowers and Investors In a timely move ahead of the Reserve Bank of India’s (RBI) upcoming monetary policy meeting, HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rate (MCLR) by 10 basis points (bps) across tenures. Effective from Monday, the …

🏦 State Bank of India shares surge 1.99% to ₹737.05, outperforming the BSE Sensex's 1.53% rise. However, the stock is still 19.19% below its 52-week high.
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.#SBI #BankingSector #StockPerformance pic.twitter.com/9Q03WZucOR
— Finogent Solutions LLP (@Finogentsolllp) March 19, 2025

💰 IndusInd Bank secures ₹110 billion through short-term CDs at higher rates following an accounting discrepancy revelation. Moody's places the bank under review for potential downgrade.
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.#IndusIndBank #Fundraising #AccountingIssues pic.twitter.com/fWmziqKvtU
— Finogent Solutions LLP (@Finogentsolllp) March 19, 2025