HDFC Bank has increased its MCLR for the overnight tenure by 5 bps, setting it at 9.20%. This rate action follows RBI’s 25 basis point repo rate cut. RBI’s Latest Rate Action HDFC Bank has increased its Marginal Cost of Funds-based Lending Rate (MCLR) for the overnight tenure by 5 basis points (bps), from 9.15% to 9.20%, …