Bandhan Bank hikes MCLR by 16 bps across tenures from today
Bandhan Bank hiked the marginal cost of funds-based lending rates by 16 basis points across tenures with effect from today, according to the bank's website. The revised rates on the bank's loans will be in the range of 6.71-10.96%. The bank cut lending rates by 363 basis points across most tenures last month. On Feb 8, the Reserve Bank of India's Monetary Policy Committee raised the policy
Source: freepressjournal.in