Bengaluru: Feb 8 (PTI) Canara Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans / Advances by 10 basis points for Overnight and One Month tenor with effect from February 7.
The Overnight and One-Month MCLR is now 6.70 per cent, Three- Month MCLR 6.95 per cent, Six-Month MCLR 7.30%, and One Year MCLR 7. 35%.
Repo Linked Lending Rate (RLLR) continues to be at 6.90%.