RBI Repo Rate Cut: Canara Bank Reduces Lending Rate To Make Loans Cheaper
Last Updated:June 13, 2025, 17:14 IST Canara Bank reduces repo-linked lending rate by 50 bps to 8.25%, effective 12 June, following the RBI’s rate cut. Home loan rates now start at 7.40%, vehicle loans at 7.70%. Canara Bank’s interest rate cut will translate into lower EMIs for borrowers. In a move that would reduce borrowing…
