You are here: Home >> English News & Features >> BUSINESS & ECONOMY

‘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
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price


Franchisee fries
DNMUM436747 | 5/24/2019 12:00:00 AM | Author : Priyanka Golikeri | WC :722

Until quite recently, McDonald’s was in the news in India for all the wrong reasons. The souring of a franchise arrangement with Connaught Plaza Restaurants Pvt Ltd led to shutting down of 169 outlets in the North and the East, followed by r

Add To LightboxCalculate Price

India Inc hopes for a strong revival
DNMUM436749 | 5/24/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :354

Mumbai: India Inc captains hailed the return of National Democratic Alliance (NDA) to power with hopes that the next five years would take the country’s growth to the next level. The coming five years, industry leaders feel, will be about compl
Add To LightboxCalculate Price

It’s a mandate for structural reforms
DNMUM436750 | 5/24/2019 12:00:00 AM | Author : Edit | WC :192

As BJP gets a decisive mandate to form the next government, hopes are soaring on its propinquity to undertake reforms. There is a sense of emergency when economists talk about India’s need to revive consumption and investment, both of which hav
Add To LightboxCalculate Price

BSNL, MTNL revival tops govt agenda
DNMUM436751 | 5/24/2019 12:00:00 AM | Author : Mansi Taneja | WC :239

New Delhi: Revival of ailing telecom public sector firms, 5G technology trials and a new round of spectrum auction will be among the top priorities for the new government.Some of the crucial decisions have been pending owing to the general elec
Add To LightboxCalculate Price