Lending rates of Canara Bank see 0.50 % hike
By Vaibhav Aggarwal
Aug 12, 2010
Print    Email    RSS   

Public sector lender, Canara Bank has raised its benchmark prime lending rate (BPLR) by 50 basis points. The BPLR of the bank now stands at 12.50% as against 12% earlier.

These rates are however not applicable to loans granted after 1st July as those loans are priced according to the base rate system of lending.

The raised BPLR would be applicable to customers having loans in Micro, Small & Medium Enterprises (MSME), existing housing loans linked to BPLR and Personal Loan schemes.

Many banks have so far raised their lending rates after the policy rate hike by RBI in the monetary policy review. The policy rate hike saw the repo rate hiked by 25 basis points and reverse repo rate by 50 basis points.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Winning in Emerging Markets by Tarun...
How far can new banking licenses be banked...
Personal Loan Vs. Cash advance from credit...
Loan upper limit increased for women
Gold based financing; 'loan to buy gold...

HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive