Higher EMIs ahead as Canara Bank increases MCLR on these tenors; also check Bank of Baroda, IDBI Bank lending rates

Lending rates: Borrowers may face higher loan EMIs as Canara Bank raises lending rates on longer tenors. Bank of Baroda maintains its current rates, offering stability. IDBI Bank has also updated its Marginal Cost of Funds-based Lending Rate (MCLR) across various periods.