scorecardresearchHDFC Bank hikes lending rates by 0.35%; EMIs to go up

HDFC Bank hikes lending rates by 0.35%; EMIs to go up

Updated: 08 Jun 2022, 07:52 AM IST
TL;DR.
With the increase in MCLR rates, the equated monthly installment (EMI) on a variety of loans including housing, vehicle, and personal loans, will go up.
FILE PHOTO: The headquarters of India's HDFC Bank is pictured in Mumbai, India, December 4, 2015. REUTERS/Shailesh Andrade/File Photo

FILE PHOTO: The headquarters of India's HDFC Bank is pictured in Mumbai, India, December 4, 2015. REUTERS/Shailesh Andrade/File Photo