Canara Bank slashes base rate by 30 bps

This is for all types of loans like Agriculture, MSME, Retail and Export Credit

Bangalore-based public sector lender Canara Bank today reduced its base rate by 30 basis points from 10.25% to 9.95%  for all types of loans like Agriculture, MSME, Retail and Export Credit among others with effect from July 8, 2013, the Bank said in a statement.