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Canara Bank cuts base rate by 30 bps

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Reuters
Last Updated : Jul 04 2013 | 6:55 PM IST

REUTERS - Canara Bank said on Thursday it will reduce its base rate by 30 bps from 10.25 percent to 9.95 percent with effect from July 08, 2013.

The bank also reduced the rate of interest on deposits on few maturity slabs.

Source text: https://bsmedia.business-standard.comlink.reuters.com/ryk49t

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First Published: Jul 04 2013 | 6:48 PM IST

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