DCB Bank raises MCLR rates across tenors by 27 bps

The benchmark one-year MCLR rate will be priced at 10.23 per cent from Saturday against the existing rate of 9.96 per cent. The one-year tenor MCLR is used to price most of the consumer loans, such as housing, auto and personal.

from Banking/Finance-Industry-Economic Times https://ift.tt/EjiKzxU