‘Low-Cost deposit pressure likely to ease by third quarter,’ says K. Satyanarayana Raju

  • Posted on May 9, 2025
  • By Financial Express
  • 2 Views
‘Low-Cost deposit pressure likely to ease by third quarter,’ says K. Satyanarayana Raju

5% Canara Bank’s MD and CEO K. Satyanarayana Raju discusses the bank’s focus on gold loans, plans to source low-cost deposits after expected rate cuts, and efforts to reconnect with customers. The bank has seen a decrease in NPAs and aims to maintain a GNPA and NNPA ratio of 2.5%.
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