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Canara Bank has announced the revision of its benchmark PLR upwards by 50 basis points from 14.5 per cent to 15 per cent.
According to a press release from the bank, the base rate has been increased from 10.25 per cent to 10.75 per cent.
The bank has also revised the deposit rates upwards by 25-150 basis points. The new rates will be effective from August 1, the release said.
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