Canara Bank is focusing on alternative funding sources to reduce dependence on costly deposits. They are also expanding their deposits and launching new products in the CASA segment to boost growth. The bank has seen significant increases in savings accounts and has improved yields on advances. There is cautious optimism regarding future growth in various segments.
Short-duration and accrual strategies better positioned amid abundant liquidity, says Devang Shah of Axis MF
Devang Shah of Axis Mutual Fund suggests short-duration strategies for better yields. A recent rating upgrade offers a slight boost, but won’t drastically change corporate
August 21, 2025