Posted inBusiness, Finance

Before Diwali, Bank Announces Significant Loan Rate Hike; EMIs Expected to Rise Substantially for Borrowers

Loan Rate Hike: In recent developments, Canara Bank has increased its loan interest rates. This change primarily revolves around the adjustment of the Marginal Cost of Funds Based Lending Rates (MCLR). This article delves into the implications of this rate hike and how it could affect loan borrowers. Understanding the Change Canara Bank has announced […]