Canara Bank slashes MCLR by up to 30 bps across various tenors

The six-month MCLR has been cut to 7.40 per cent from 7.50 per cent, the bank said. The one-year MCLR has been revised to 7.45 per cent from 7.55 per cent earlier. The revised lending rates will be effective from August 7, said the bank.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3ieU96E