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.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on