Rate cut benefit has already been transmitted to external benchmark lending rate (EBLR) linked portfolios, but it will be ...

Canara Bank ... steady growth, the bank's global gross advances increased by 11.74% YoY to ₹10.73 lakh crore, driven by strong growth in Retail, Agriculture, MSME (RAM) loans, which grew 13. ...

Canara Bank ... 47 lakh crore. The MSME portfolio rose 8% to Rs 1.39 lakh crore. Raju attributed the surge in retail advances to the bank’s focus on metro-centric gold loan products.

MSME) advances grew by an impressive 15.89%. In comparison, BoB's global advances increased by 12.8%, with robust growth in retail loans at 19.4%, while global deposits rose by 10.3%. Canara Bank ...

The bank maintained that its NIM guidance for FY26 remains in the 2.71% to 2.73% range, down slightly from the 2.80% it clocked in the previous fiscal. NEW DELHI: Public sector lender Canara Bank ...

MD and CEO of Canara Bank. Despite persistent pressure from rate cuts and reclassification adjustments in its retail and agriculture loan book, the lender projects a 10-11 per cent credit growth ...

State-owned Canara Bank has announced slashing the marginal cost of funds-based lending rate (MCLR) by 10 basis points (0.10 percentage points) across most tenors, making loans linked to the ...

The global business of ... and Vehicle loans. Advances (Gross) of the Bank reached 9,60,602 crore as at March 2024. The RAM (Retail, Agriculture & allied activities, MSME) portfolio grew by ...

MUMBAI: The fourth largest public sector lender Canara Bank has reported ... agriculture, MSME (RAM) credit rose 13.23% to Rs 6,10,127 crore. Total business rose to Rs 25,30,215 crore, a growth ...

The bank aims for 10-11% loan growth in FY26 and further NPA reduction. Canara Bank posted a robust 28% year-on-year jump in its consolidated net profit to Rs 5,070 crore for the March quarter ...

In financial year 2024-25, the average yield on corporate loans was 8.21 percent, which Raju expects to come down to 8.06-8.11 percent in the coming quarters. On May 9, Canara Bank reduced MCLR ...