For Quick Alerts
For Daily Alerts

Canara Bank cuts base rate by 30 bps to 9.95%

By Religare

Public-sector lender, Canara Bank has reduced the base rate by 30 basis points from 10.25 per cent to 9.95 per cent for all loans/advances namely, agriculture, MSME sector, retail and export credit with effect from July 08, 2013.

Moreover, the bank has also reduced rate of interest by up to 50 basis points on deposits with select maturity slabs, Canara Bank said in a filing to the Bombay Stock Exchange.

Read more about: canara bank
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more