Satyanarayana Raju
MD and CEO, Canara Bank
Notable Quotes
Our global business has year-on-year growth as recorded at 13.55% and stood at INR 2,678,963.
We are confident that we can recover approximately INR 5,000 crores from written-off accounts every year.
Our digital journey only has brought this glory to this bank. Last three years, four years, whatever we have spent, that has started giving the results.
Our RAM sector has reached 58% of our asset book. The reason behind this is our RAM credit is growing almost near to 15% as against our corporate book of growth of 10%.
Overall, I feel that our NIM may not go below 2.5%, but we will be able to maintain that around the 2.5% for this current quarter.
100% there is no chance of slipping to NPA, sir. It is not even 99%, I am telling you, 100%. After observing the six quarters, I am telling you this.