Thursday, August 6, 2020

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

Canara Bank slashes MCLR by up to 30 bps across various tenors The overnight and one-month lending rates have been cut by 20 basis points (bps) to 7 percent each. The three-month MCLR has been revised to 7.15 percent from 7.45 percent, Canara Bank said in a regulatory filing.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/canara-bank slashes-mclr-byto-30-bps-across-various-tenors_14131101.html

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