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The Economic Times
The Economic Times
Business
Nandini Sanyal

Canara Bank sees NIM floor at 2.5%, confident of absorbing ECL hit without fresh equity

Canara Bank RBI

Canara Bank's executive director SK Majumdar has struck a confident tone on the lender's outlook for FY27, saying margins have stabilised, asset quality remains strong, and the bank can absorb upcoming ECL provisioning requirements without needing to raise fresh capital.

Deposit growth numbers were misleading

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