Canara Bank plans to open 250 branches to boost CASA deposits: MD & CEO

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Last year, the bank's deposits grew by double digits," he added.

Last year the bank opened 200 branches, he said.

The Bengaluru-based lender’s total deposits increased 11.97 per cent year-on-year (YoY) to Rs 13.35 trillion at the end of June 2024.

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Article Details

Category: BusinessFinance

Markets: India

Topics: CASA Indian banks Canara Bank Indian companies Banking sector RBI CASA deposits

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 19:22:31 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21784912

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 301 posts per day

Year Established: 1975

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News Last Updated: 4 hours ago

Coverage Areas: India

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Publisher ID: #49

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