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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