HDFC Ltd-HDFC Lender merger: Exactly what variations mortgage borrowers should be aware of before moving on out of MCLR so you can ELBR

HDFC Ltd-HDFC Lender merger: Exactly what variations mortgage borrowers should be aware of before moving on out of MCLR so you can ELBR ELBR is much more tuned in to repo rate alter, that end up in quicker re-costs out-of financing compared to the MCLR Loans from banks was associated with a standard rates, which is the low rates at which a lender normally provide. The MCLR was designed to ensure that rates offered by […]