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Canara Bank is setting a significant target for loan recovery

Kumari Sonali

Canara Bank is setting a significant target for loan recovery:

State-owned Canara Bank is setting a significant target for loan recovery, aiming to recoup approximately ₹6,000 crore from bad loans in the second half of the current fiscal year (H2 FY25). This strategic goal reflects the bank’s ongoing efforts to improve asset quality while building on its recent financial performance.

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