Canara Bank leans on higher yield retail, agriculture and MSME loans to cushion the impact of interest rate cuts

MD, CEO and Executive Director Hardeep Singh Ahluwalia Canara Bank is recalibrating its credit mix to protect profitability from faster rate revisions due to rate cuts, leaning more heavily on high-margin retail, agricultural and SME loans, even as corporate lending remains selective. With almost half of the loan portfolio linked to the repo rate, MD, […]