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Canara Bank, a leading Nationalised Bank has effected a reduction in BPLR by 25 basis points with effect from 25.02.2008. This reduction is in addition to the one effected last week by 25 basis points.
The Present reduction in effect, brings down the Benchmark PLR of the Bank from 13.25% to 12.75% in less than a fortnight.
Sourced from: Canara Bank
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