Canara Bank cuts rates from 8.75% to 8.25% as RBI’s 50 bps repo rate cut eases loan EMIs or shortens tenures by June 12, 2025.

• RBI’s 50 bps repo rate cut to 5.5% pressures banks to lower lending rates, boosting borrower relief.
• Canara Bank reduces RLLR by 50 bps, offering lower EMIs or shorter loan tenures for home and personal loans.
• Bank operates 9,849 branches, 9,579 ATMs, and 4 overseas offices, ensuring wide service reach.