Canara Bank and Bank of Baroda Raise Lending Rates on Select Tenures
Canara Bank and Bank of Baroda have raised their Marginal Cost of Funds Based Lending Rates (MCLR) on select tenures effective August 12, 2026. Canara Bank increased most MCLR rates by five basis points, with rates now ranging from 7.95% to 9.10%. Bank of Baroda raised only its three-month MCLR by 10 basis points to 8.30%, keeping other tenures unchanged. Borrowers with loans linked to MCLR may face higher interest costs or extended repayment periods, while loans linked to external benchmarks remain unaffected.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 44/100.
Outlets measured: freepressjournal, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 12 Aug, 06:49 am. Other outlets followed.