Final big bank drops home loan rates after OCR cut

Even more rate relief on the horizon as big four bank makes optimistic prediction

Westpac is predicting the Reserve Bank of Australia to deliver four interest rate cuts, with relief startin...

Final big bank drops home loan rates after OCR cut

The last big New Zealand bank has dropped its fixed home loan rates after the latest Official Cash Rate cut. Westpac announced changes to its six-month and...

Canara Bank cuts RLLR to 8.25%, making loans cheaper from June 12

Source: Live Mint In a move to boost borrower confidence, Canara Bank has reduced its Repo Linked Lending Rate (RLLR) from 8.75% to 8.25%, effective from June 12, 2025. This comes in response to the recent 50 basis point reduction by the Reserve Bank of India (RBI), bringing it down to 5.5%. Therefore, by passing on the complete benefit to the loan aspiring applicants, Canara Bank has made loans cheaper across its entire portfolio. Due to thi…