The Economic Times

HDFC Bank cuts lending rates for select tenures; loan EMIs set to fall for these borrowers

HDFC Bank has lowered its lending rates. Borrowers will benefit from reduced interest costs. The new rates are effective from March 7, 2026. Overnight and one-month MCLRs see a 10 basis point cut. Other tenors are also reduced. This move impacts loans linked to the MCLR regime. Fixed deposit rates have also been revised.