Canara Bank raises MCLR 5 bps across tenors; Bank of Baroda holds at 8.70%
Canara Bank lifts MCLR by 5 basis points across all tenors effective 12 May 2026, with 1-year moving to 8.75% from 8.70%. Floating-rate home, auto and personal loan EMIs will rise at next reset. Bank of Baroda keeps its 1-year MCLR unchanged at 8.70%, holding the line for existing borrowers.
Canara Bank raises MCLR 5 bps across tenors from 12 May 2026; 1-year at 8.75%. Bank of Baroda holds 1-year MCLR at 8.70%.
Mint · Money · 5/14/2026, 1:15:38 AM · Ask about this →