Economists and Industry bodies have welcomed RBI's move to keep the policy repo rate unchanged they said that maintaining the repo rate provides stability and predictability in the financial markets.
Mumbai (Maharashtra) [India], June 7 (ANI): India's largest private sector lender HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 0.35 per cent or 35 basis points across all tenures, effective from June 7.