Economy · India
HDFC Bank Reduces MCLR by 10 Basis Points
HDFC Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points. The bank's shares traded flat following the announcement, with trading activity showing a slight imbalance between buy and sell quantities. Sell quantity stood at 13,44,614 shares, while buy quantity was 12,50,545 shares.
How outlets across the spectrum covered it
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- Centre (2): The Financial Express, The Hindu BusinessLine