Canara, Indian Bank trim home, vehicle loan rates

Canara and Indian Bank have reduced their repo-linked lending rates (RLLR) by 25 basis points, aligning with the RBI’s efforts to make home and vehicle loans more affordable. Indian Bank has decreased its home loan interest rates to 7.90% and vehicle loan rates to 8.25%. Canara Bank also announced a reduction, with housing loans now starting at 7.90%.