Canara Bank cuts PLR by 25 basis points

By Our Banking Bureau | 07 May 2002

1
Bangalore: Canara Bank has slashed its prime lending rate (PLR) by 25 basis points to 11.50 per cent from 11.75 per cent, following the recent cut announced by the Reserve Bank of India. The banks prime-term lending rates remain unchanged at 12 per cent.

 

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