- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Canara Bank — Important, 11-06-2025: General Updates
11-06-2025 | 08:06 pm
11-06-2025 | 08:06 pm
Canara Bank has announced a board meeting to review the financial results for the quarter and half-year. The bank has lowered its Marginal Cost of Funds Based Lending Rate (MCLR) by 0.20% across all tenors, with the one-year MCLR now at 8.80% and the overnight rate at 8.00%. This rate cut is likely to boost credit demand and enhance borrowing affordability, potentially supporting improved loan growth.
No comments yet. Be the first to comment!