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Canara Bank MD & CEO Brijesh Kumar Singh discussed margin outlook, saying NIM of 2.55% is sustainable with support from rate cut benefits
By ScoutQuest · · 1 min read
- Quarterly NIM
- 2.55%
- Repo-linked book share
- 53%
- Rate cut benefit
- 25 basis points
Heard on business television between 15:05:48 - 15:08:48 IST.
- MD & CEO Brijesh Kumar Singh said NIM has been protected and even grown over last two-three quarters despite headwinds.
- Quarterly NIM stood at 2.55%.
- He said 25 bps rate cut reprieve would give synergy in coming quarters as 53% of the book is repo-linked and has already re-priced.
- Deposit re-pricing will lag, but he expects NIM to be maintained or grown slightly.
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Source: Live TV News Channel · 14 Oct 2026
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