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Car Loan News
Canara bank cuts retail loan rates
Thursday,18th October 2007
| Canara bank has reduced the lending rate on its retail loan products – CanMobile and CanBudget. A bank press release said that loan rates were reduced 25 basis points to 11.50 per cent on CanMobile, a vehicle financing product. The interest rate on CanBudget, a personal loan product was brought down 50 points to 13.25 per cent from 13.75 per cent. |
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