استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Canara Bank expects NIM pressure to ease by Q3 as deposit rates soften
May 11, 2025
|The New Indian Express Chennai
PUBLIC sector lender Canara Bank expects its net interest margin (NIM) to remain under pressure in the first half of FY26 due to the impact of falling repo rates on its lending portfolio, while deposit rates remain elevated.
However, the bank is optimistic about softening deposit rates by the third quarter, which could support margin stability.
Talking to New Indian Express, Canara Bank MD and CEO K Satyanarayana Raju said the lender had to pass on the benefits of policy rate cuts quickly to nearly 44% of its loan book. However, it faces a lag in reducing interest rates on existing term deposits due to contractual obligations. "That is the pain point," he said, adding that retail term deposit rates have yet to reflect the easing trend seen in bulk deposits.
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.
هذه القصة من طبعة May 11, 2025 من The New Indian Express Chennai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Chennai
The New Indian Express
IndiGo to invest $820 mn in financial services business to acquire aircraft
NDIAS largest airline —-IndiGo — will invest $820 million (₹7,294 cr) in its wholly-owned subsidiary — InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC) — to acquire aviation assets and enable ownership of aircraft.
1 min
November 22, 2025
The New Indian Express
Kotak Bank announces 5:1 stock split
THE country’s fourth-largest private sector lender Kotak Mahindra Bank on Friday announced a 5:1 stock split after 15 years.
1 min
November 22, 2025
The New Indian Express
The Book Show Effect
FROM a balcony in Assagao, the morning air carries the mingled scents of wet leaves and coastal sunblock.
4 mins
November 22, 2025
The New Indian Express
LEX HAS ALWAYS BEEN A FLEX
IT is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.
3 mins
November 22, 2025
The New Indian Express
DELECTABLE YET MIDDLING DARK COMEDY
MORALITY. In today's time and age, is there a place for absolutism? Probably why, in a world filled with morally grey people, the ones who manage to err on the side of caution are seen as good people.
3 mins
November 22, 2025
The New Indian Express
ED crackdown on coal mafia, raids 40 locations in J’khand and Bengal
THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.
1 mins
November 22, 2025
The New Indian Express Chennai
Re hits all-time low of 89.61 against USD
THE rupee, the worst among its Asian peers and has hit many lifetime lows this year, tumbled to a new all-time low on Friday, breaching the psychologically sensitive 89-mark for the first time.
1 mins
November 22, 2025
The New Indian Express
Moscow tells Kyiv: Negotiate now or lose more
Russia’s warning comes a day after Trump unveiled a 28-point peace plan that calls on Ukraine to cede territory
2 mins
November 22, 2025
The New Indian Express
Are tigers trying to reclaim their territory in Karnataka?
THERE has been a sudden spurt in tiger attacks on humans in Bandipur National Park and BRT Wildlife Sanctuaries in Chamrajanagar and Mysore districts of Karnataka.
3 mins
November 22, 2025
The New Indian Express
Oil refiners’ operating profit set to rise by 50% to $18-20/barrel
OIL marketing companies’ (OMCs) operating profit is likely to surge more than 50% to $18-20 a barrel this fiscal from $12 last fiscal on the back of stronger marketing margins due to stable retail prices and favourable crude oil dynamics.
1 min
November 22, 2025
Listen
Translate
Change font size