MC Interview: Canara Bank is focused on CASA growth, says MD Raju
Wed, Jul 26, 2023 1:11 PM

MC Interview: Canara Bank is focused on CASA growth, says MD Raju

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Canara Bank's deposit growth has been lackluster, reporting only a 6.6% increase year on year. To combat this, the bank has sought to step up its retail CASA growth by introducing new products such as those for women and pensioners. It is targeting loan growth of 10%+ via selecting which proposals to lend to carefully while shying away from unsecured personal loans.

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