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Axis Bank hikes MCLR by 10 basis points across tenures

Axis Bank has increased its marginal cost of funds-based lending rates by 10 basis points across tenures as of Saturday, as per the information on the bank's website. The bank's loans will have updated interest rates that fall between 8.70 and 9.50%. The lender increased the MCLR across all tenures by 5 bps in January.
Axis Bank Reserve Bank 10 Basis Points Bank Loans Interest Rates Reserve Bank Of India

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