Canara Bank hikes benchmark lending rate by up to 0.15%, loans to become costlier

The benchmark one-year MCLR will be 7.75 per cent against the existing rate of 7.65 per cent. The one-year rate is used to fix most consumer loans such as auto, personal and home loans.

from Banking/Finance-Industry-Economic Times https://ift.tt/TWA6EoF