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We're Not Joining Rate War For Topline Growth

The New Indian Express Hubballi

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July 26, 2025

PUBLIC sector lender Canara Bank witnessed a stellar 22% growth in net profit in the first quarter of the financial year (2025-26).

Amid falling net interest income (NII) and net interest margin (NIM), the bank remains focused on growing its loan book. In an interaction with Dipak Mondal of TNIE, MD and CEO of the bank – K Satyanarayana Raju – says the bank is not in the price war solely for top-line growth. Excerpts

Your interest income is down, and your net interest margin (NIM) seems to have come down sharply. What would you attribute that to?

The New Indian Express Hubballi

यह कहानी The New Indian Express Hubballi के July 26, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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