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Apr 30, 2012, 11.36 AM IST

Canara Bank cuts lending rates by 25 bps

Canara Bank cuts base rate by 25 bps to 10.5 pct, effective May 1.

Source: Reuters
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Canara Bank cuts lending rates by 25 bps
Canara Bank cuts base rate by 25 bps to 10.5 pct, effective May 1.


The bank also cut its benchmark prime lending rate by 25 bps to 14.75 percent and cuts deposit rates by 10-50 bps, effective May 1.


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