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‘Canara Bank will have better quality assets’

DNMUM436303 | 5/14/2019 | Author : Swati Khandelwal | WC :376

INDIA INC SPEAKS RA Sankara Narayanan, MD & CEO, Canara Bank
Zee Business
I am very confident that Canara Bank is doing well and will do much better in the coming years, says RA Sankara Narayanan, MD & CEO, Canara Bank. During a conversation with Swati Khandelwal, Narayanan also said that the bank has seen reduced slippage in the fourth quarter at Rs 2,500 crore against an average slippage of Rs 5,000 crore in earlier quarters.
Edited excerpts:
Canara Bank has posted improved numbers in the fourth quarter. Tell us about the factors that helped the bank to post such numbers and will it continue further?
There are two things and they are growth and reduction in NPAs.
Growth: Growth is at 13% for the current financial year. We have clocked Rs 10,44,000 crore of bus
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