Canara Bank ups base rate by 25 bps

Canara Bank has revised its base rate upwards by 25 basis points (bps) -- from 10% to 10.25% with effect from July one.

It has also revised its benchmark PLR upwards by 25 bps -- from 14.25% to 14.50%.

The move is in the context of the hike in policy rates by the RBI as part of monetary measures, a Canara Bank statement said.

Source: Business Standard