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The Economic Times
The Economic Times
Sneha Kulkarni

Loan EMIs set to increase: Canara Bank raises lending rates by 5 bps on these tenures; Bank of Baroda MCLRs remain unchanged

Canara Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR) across all loan tenors. The bank has increased MCLR rates by 5 basis points (bps) for all maturities, as per a BSE filing from the bank. The new Canara Bank MCRLs are effective from May 12, 2026.

Bank of Baroda, however, kept its MCLR rates unchanged, as per its filing on BSE.

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