RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
HDFC Bank has lowered its benchmark lending rates by 10 basis points across all loan tenures, effective June 7, following the Reserve Bank of India's unexpected 50 basis point repo rate cut. The RBI also reduced the CRR by 100 basis points to 3%, injecting Rs 2.5 lakh crore into the banking system to revive the slowing economy. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
