Canara Bank Hikes Loan Interest Rates: Borrowers May See Higher EMIs

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Canara Bank Hikes Loan Interest Rates: EMIs Set to Rise for Borrowers

सरकारी क्षेत्र के इस बैंक ने अभी तक बोनस शेयर भी नहीं जारी किया है. बैंक की ओर से आखिरी बार फरवरी 2017 में बड़ा कॉरपोरेट एक्शन देखने को मिला था. इस दौरान बैंक ने राइट्स इश्यू के जरिए फंड जुटाए थे. पिछले साल इस बैंक ने शेयरहोल्डर्स के लिए ₹12 प्रति शेयर का डिविडेंड दिया था, जोकि पिछले 1 दशक में यह सबसे ज्यादा डिविडेंड पेआउट था.

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CNBC Awaaz•12-03-2026, 19:10

Canara Bank Hikes Loan Interest Rates: EMIs Set to Rise for Borrowers

•Canara Bank increased interest rates on some long-tenure loans, potentially raising EMIs for borrowers.
•The hike applies to select tenures under the Marginal Cost of Funds-Based Lending Rates (MCLR) system.
•The 2-year MCLR rose from 8.85% to 8.95%, and the 3-year MCLR increased from 8.90% to 9%.
•These revised rates are effective from March 12, 2026.
•Bank of Baroda and IDBI Bank have not announced similar changes to their MCLR rates.

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Canara Bank | According to Prime Infobase, retail shareholders sold Canara Bank shares worth ₹966 crore during the quarter, bringing down their total holding to 67.42 crore shares from 75.98 crore shares earlier. Shares of Canara Bank had gained 8.3% during the quarter.

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