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Tuesday, May 07, 2002

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Canara Bank cuts PLR to 11.5 pc

Our Bureau

BANGALORE: Canara Bank has slashed its prime lending rate (PLR) by 25 basis points to 11.50 per cent from 11.75 per cent, following the recent cut announced by the RBI. The bank's prime term lending rates remain unchanged at 12 per cent.

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