Canara Bank cuts RLLR to 8.25%, making loans cheaper from June 12 | Mint
Source: Live Mint In a move to boost borrower confidence, Canara Bank has reduced its Repo Linked Lending Rate (RLLR) from 8.75% to 8.25%, effective from June 12, 2025. This comes in response to the recent 50 basis point reduction by the Reserve Bank of India (RBI), bringing it down to 5.5%. Therefore, by passing…