{
Satyanarayana Raju

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}
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canara bank opts for in-house credit card operations after rbi rejection

Canara Bank's CEO, K Satyanarayana Raju, indicated that the bank may not pursue a credit card subsidiary after the Reserve Bank of India rejected its proposal due to concerns over unsecured loan portfolios. Instead, the bank has established a dedicated wing for credit card operations, which became operational on October 1.
Moneycontrol
Canara Bank IND Satyanarayana Raju
Finance & Economy, News Article
10:42 06.11.2024
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