Home Loan EMIs To Rise? 118-Year Old PSB Hikes MCLR Rates By 5 Bps Across Tenure, 1-Year Rate At 8.80%
Despite RBI holding the status quo on the repo rate for the sixth time in a row, 118-year-old Canara Bank hiked its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across tenures. The new interest rates of ...