Private banks want landlords to reduce rent, Real Estate News, ET RealEstate

MUMBAI: Recently a landlord who has rented out his four-storeyed building to HDFC Bank’s regional office in Indore received a rent cheque from the bank which was 20 per cent less than the usual amount. The landlord had no choice but to accept this as he was not sure if he would be able to […]

HDFC Bank cuts MCLR by 10 bps across tenors, Real Estate News, ET RealEstate

MUMBAI: HDFC Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all tenors with effect from Friday. According to the HDFC Bank website, post the rate cut, the overnight MCLR stands at 7 per cent, the one month tenor stands at 7.05 per cent while the three-month MCLR […]

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