Canara Bank lines up two more legacy accounts for NARCL transfer, valuation talks ongoing, says Canara Bank’s Hardeep Ahluwalia

We have Rs 20,000 crore of corporate sanctions under discussion, which should translate into disbursements. While remaining ...
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No more penalty for low balance in bank account: Canara Bank ends minimum balance rule on all savings accounts from this date

In a customer-friendly move, Canara Bank has announced a waiver of the Average Monthly Balance (AMB) requirement across all types of savings bank accounts, including regular savings accounts, salary ...
The Financial Express

‘We estimate Rs 8,000–10,000 cr provisions to meet ECL framework’: Hardeep Singh Ahluwalia

Over the past nine months, our retail, agriculture and MSME (RAM) portfolio has been the key driver of credit growth. The RAM book has grown 18.7% year-on-year (YoY). Traditionally, we see stronger ...