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IndusInd Bank hikes overnight to 1 year MCLR by 10-15 bps - Vimarsana News

IndusInd Bank hikes overnight to 1 year MCLR by 10-15 bps

IndusInd Bank has increased its marginal cost of funds-based lending rate on overnight to one-year tenures by 10-15 basis points as of today, according to information on the lender's website. The bank has not adjusted the interest rates for the two-year and three-year terms. Loan interest rates would vary from 8.95 to 10.15% after the modification.