Bank of India: Is BoI well-placed in terms of liquidity for growth opportunities? Rajneesh Karnatak answers

“The net interest margins have come down, but the pressure will not be there in this quarter. We will be able to protect the NIMS for the simple reason that there is a huge franchise with us and our CASA ratio is around 44%,” says Rajneesh Karnatak, MD & CEO, Bank of India. Let us … Read more

Our only concern is CASA is not growing the way the other deposits are going up: K Satyanarayana Raju, Canara Bank

K Satyanarayana Raju, MD & CEO, Canara Bank, says they have grown CASA at 5.05%, but in the current quarter whatever growth they targeted for deposits, the same growth they want reflected in the CASA also, so that CASA growth year-on-year at least will touch 8% while deposits will grow at 8-8.5%. Raju further said, … Read more