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HDFC Bank Cuts MCLR Before RBI MPC Meeting, Loan EMIs Set to Decrease
HDFC Bank has announced a reduction in its lending rates just a day before the Reserve Bank of India (RBI) reveals its repo rate decision. The bank has lowered its Marginal Cost of Funds-based Lending Rate (MCLR) by 5 basis points for specific loan tenures. This decision is expected to bring down the monthly installments…
