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We're Not Joining Rate War For Topline Growth
The New Indian Express Sambalpur
|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).
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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?
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FLERE HISTORIER FRA The New Indian Express Sambalpur
The New Indian Express Sambalpur
A LIFELINE AND A REUNION
Kerala government's Extreme Poverty Eradication Programme Uplifts a Blind Couple
2 mins
November 01, 2025
The New Indian Express Sambalpur
EC seeks report on killing of PK party supporter as Mokama remains tense
THE Election Commission of India (ECI) has sought a detailed report on the killing of a Jan Suraaj Party supporter in Mokama assembly constituency of Patna district, directing Bihar DGP Vinay Kumar to submit an action taken report at the earliest.
1 min
November 01, 2025
The New Indian Express Sambalpur
Fiscal deficit widens 21% to ₹5.7L cr in H1
THE Centre's fiscal deficit widened 21% year-on-year in the first six months of the current financial year to ₹5.7 lakh crore as the government accelerated capital expenditure amid muted tax revenue growth.
1 min
November 01, 2025
The New Indian Express Sambalpur
Russia, US to join Navy events next yr; China, Pak & Turkey not invited
MORE than 55 countries have expressed their willingness to participate in the Indian Navy's simultaneous hosting of three major international maritime events at Visakhapatnam in February 2026.
1 mins
November 01, 2025
The New Indian Express Sambalpur
WHY NERDS ARE HERDING TO PUBS
ALL cats die. Socrates is dead. Therefore Socrates is a cat,\" said the Logician in Eugène Ionesco's play Rhinoceros.
4 mins
November 01, 2025
The New Indian Express Sambalpur
BoB profit slips to ₹4,809 cr despite better asset quality
THE country's second-largest public sector lender Bank of India on Friday reported an 8.2% year-on-year drop in net income at ₹4,809 crore, despite improved asset quality and the resultant sharp 47% drop in provisions, along with stable net interest margin in the September quarter.
1 min
November 01, 2025
The New Indian Express Sambalpur
City Union Bank receives $50 million from IFC to support MSME solutions
CITY Union Bank on Friday announced that it has secured $50 million commitment from International Finance Corporation (IFC), a member of World Bank Group.
1 min
November 01, 2025
The New Indian Express Sambalpur
IMD predicts warmer Nov, no harsh winter
NOVEMBER is likely to be relatively warmer and wetter than usual in most parts of the country, according to the India Meteorological Department.
2 mins
November 01, 2025
The New Indian Express Sambalpur
No summoning of lawyers over advice to clients barring special cases: SC
THE Supreme Court on Friday ruled that investigating officers cannot issue summons to lawyers appearing for the accused unless the matter is covered under any of the exceptions under Section 132 of the Bharatiya Sakshya Adhiniyam (BSA).
1 mins
November 01, 2025
The New Indian Express Sambalpur
MSIL's dominance in smaller car segment to grow as GST cut lifts sales
RC Bhargava, Chairman of Maruti Suzuki India (MSIL), expects the company's dominance in the smaller car segment to grow following last month's reduction in goods and services tax (GST) from 28% to 18%.
1 mins
November 01, 2025
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