Archive · 25 Jul 2025
Canara Bank Aims Over 12% Credit Growth, Focusing on RAM Sectors
Canara Bank wants to lend more money, hoping to increase its lending by over 12%.
They're focusing on giving loans to regular people, small businesses, and those in agriculture.
These types of loans now make up a bigger part of the bank's total loans.
The bank's CEO is changing the bank's strategy to focus more on these types of loans.
The bank is aiming for over half of its loans to be in the RAM sector.
Canara Bank aims for over 12% credit growth.
The bank is focusing on Retail, MSME, and Agri (RAM) sectors.
RAM portfolio has grown from 54% to 58% of the total loan book.
The bank's CEO is steering the portfolio towards RAM.
The target is for RAM to reach 60% of the total loan book.
- Who
- Canara Bank, led by MD and CEO K Satyanarayana Raju.
- What
- Canara Bank aims for over 12% credit growth, focusing on Retail, MSME, and Agri sectors.
- When
- As of June 30
- Where
- Not mentioned.
- Why
- Not mentioned.
- Credit Growth Target
- Over 12%
- Portfolio Focus
- RAM (Retail, MSME, Agri)
- RAM % of Loan Book (as of June 30)
- 58%
- Previous RAM %
- 54%
- Target RAM %
- 60%
- MD & CEO
- K Satyanarayana Raju