‘Sanctioned Rs 60,000 crore of corporate loans in last 4 months’ – Banking & Finance News

‘Sanctioned Rs 60,000 crore of corporate loans in last 4 months’ – Banking & Finance News

Even as some large and mid-sized private sector lenders are shying away from growing their large ticket corporate loan book due to lower yields, public sector major Canara Bank has sanctioned `60,000 crore of corporate loans in the last four months and already disbursed around Rs 20,000-25,000 crore of such loans, the bank’s MD & CEO K Satyanarayana Raju tells Piyush Shukla in an interview. Edited excerpts:

Which sectors are showing higher credit growth?

We are seeing a good growth in the retail, agriculture and micro, small and medium enterprises (RAM) segment as well as vehicle loans, housing loans and even in personal loans for salaried class. In MSMEs, we have come out with 15…
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Source: https://www.financialexpress.com/business/banking-finance-sanctioned-rs-60000-crore-of-corporate-loans-in-last-4-months-3190075/lite/