Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments
· livemint.com
Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.
Canara Bank on Tuesday hiked its Marginal Cost of Funds Based Lending Rate (MCLR) rate by 5 basis points (bps), effective from 12 May, according to the public s...