Canara Bank Retained Interest rates on loans/advances with effect from 07.12.2020

Canara Bank, a leading Public Sector Bank, has retained its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from December 7, 2020.

Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.12.2020:

Overnight MCLR - 6.80%
One Month MCLR - 6.80%
Three Month MCLR - 6.95%
Six Month MCLR - 7.30%
One Year MCLR - 7.35%

Repo Linked Lending Rate (RLLR) continues to be at 6.90%.

Shares of CANARA BANK was last trading in BSE at Rs.136.8 as compared to the previous close of Rs. 117.55. The total number of shares traded during the day was 3931540 in over 23888 trades.

The stock hit an intraday high of Rs. 141.05 and intraday low of 117.65. The net turnover during the day was Rs. 502721230.

Source : Equity Bulls

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