Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Canara Bank expects NIM pressure to ease by Q3 as deposit rates soften
The New Indian Express Kottayam
|May 11, 2025
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.
Esta historia es de la edición May 11, 2025 de The New Indian Express Kottayam.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Kottayam
The New Indian Express Kottayam
Parasitic leech found off Kollam a likely threat to native fish health
A PARASITIC marine leech previously found only along the Atlantic and Mediterranean coasts has been reported for the first time in Indian waters — off the Kollam coast.
1 mins
November 24, 2025
The New Indian Express Kottayam
Oppn mounts against UDF's 'tie-up' with Welfare Party
PRESSURE is mounting on the UDF not to have an alliance with the Welfare Party of India, the political wing of the Jama’ate-Islami, even while the Congress-led front is going ahead with its plan of ‘local-level adjustments’ with the party in the local body elections.
1 min
November 24, 2025
The New Indian Express Kottayam
The missing half of Viksit Bharat: A case for labour codes as growth strategy
OR India to become a $30 trillion economy by 2047, increasing women's workforce participation is imperative. Female labour force participation stands at 41.7%, and Viksit Bharat aims to raise this to 70%. Bridging this 30-point gap, atits core, is about unlocking national productivity and ensuring India's growth story is shaped by all, not just half. Despite gains in education, digital access, and entrepreneurship, much potential remains untapped. India must build a labour ecosystem that enables women to enter, remain, and advance, and the implementation of India's unified labour codes presents a rare opportu-
3 mins
November 24, 2025
The New Indian Express Kottayam
IIM LUCKNOW
A conversation with Director MP Gupta on the institute's evolving programmes, partnerships, and vision for 2050
3 mins
November 24, 2025
The New Indian Express Kottayam
Top ULFA leader lays down arms, setback for Baruah
THE Paresh Baruah faction of banned insurgent group United Liberation Front of Assam (ULFA) suffered a setback on Sunday when one of its top leaders, Arunodoi Dohutia, also known as Arunodoi Asom, surrendered before security forces.
1 mins
November 24, 2025
The New Indian Express Kottayam
Anti-drone systems at all civilian airports, shortly
THE Union Ministry of Home Affairs (MHA) and the Bureau of Civil Aviation Security (BCAS) at a joint meeting, held recently, have decided to deploy anti-drone systems at all major and minor civil airports in view of \"a possible warlike situation emerging in future,\" officials said on Sunday.
1 mins
November 24, 2025
The New Indian Express Kottayam
NO SPARING THE GUILTY IN BLACKBUCK DEATHS IN ZOO
THE deaths of 31 out of 38 blackbucks at the Kittur Rani Chennamma Mini Zoo in Belagavi, Karnataka, are more than an institutional embarrassment.
1 mins
November 24, 2025
The New Indian Express Kottayam
Experts say mkt momentum to persist
A pickup in earnings, optimism around a potential US-India trade pact and a supportive macro backdrop have sparked an upswing in Indian equities since early October, pushing the headline indices back towards their late-September 2024 record highs. Market experts expect the momentum to persist, with some projecting that the BSE Sensex could scale the six-figure mark by the end of next year if the current tailwinds hold.
1 mins
November 24, 2025
The New Indian Express Kottayam
Once forgotten South Africa's man, Muthusamy keeps growing in stature
IT'S funny how these things work out in the end, eh?
2 mins
November 24, 2025
The New Indian Express Kottayam
'Confident of good show': Sreejesh set for biggest test as coach
FORMER ace India goalkeeper and current coach of the junior national hockey team, PR Sreejesh, is confident of a good show by India in the upcoming 2025 Men's FIH Hockey Junior World Cup which is scheduled to be held at Chennai and Madurai from November 28 to December 10.
2 mins
November 24, 2025
Listen
Translate
Change font size