Nonperforming Assets

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Don't expect your loans to become cheaper as banks still battle high cost of funds

Even though Reserve Bank of India Governor Urjit Patel feels “further scope for a more complete transmission of policy impulses remains”, banks hold a different view.
Rs 1000cr profit in 3 consecutive qtrs, a 1st for Canara Bk

S Raman, the chairman and managing director of the bank, told CNBC-TV18’s Reema Tendulkar that the bank has reported a profit after tax of over Rs 1,000 crore for three consecutive quarters. “This is a first in the history of our bank.”

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Nonperforming Assets

Don't expect your loans to become cheaper as banks still battle high cost of funds

Rs 1000cr profit in 3 consecutive qtrs, a 1st for Canara Bk