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The Economic Times

Business

Sneha Kulkarni

HDFC Bank borrower alert: EMIs on these loans to cost more as bank raises lending rates by up to 10 bps

HDFC Bank Reserve Bank of India RBI

HDFC Bank has raised its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points (bps). A basis point is one-hundredth of a percentage point. Revised HDFC Bank MCLR rates will be applicable from June 8, 2026, according to information available on the HDFC Bank's official website.

The Reserve Bank of India (RBI) had maintained the repo rate at 5.25% in its monetary policy meeting on June 5, 2026.

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