Canara Bank to sell more priority sector loans

Canara Bank intends to sell its surplus priority sector loans this quarter to offset margin pressures caused by declining interest rates. In the first quarter of fiscal year 2025, the bank generated ₹1,248 crore in commission from these sales. Des...

By PTI | Jul 28, 2025, 06.01 AM IST

Despite sale in the first quarter, the total priority debt stands at 45.6% as against regulatory requirement of 40% of the total loan, Canara Bank MD and CEO K Satyanarayana Raju told PTI.

New Delhi: State-owned Canara Bank plans to sell its excess priority sector loans in the ongoing quarter to compensate for the stress on margins due to moderation in interest rates.

During the quarter ended June 2025, the bank earned 1,248 crore as commission by selling priority sector loans.

Despite sale in the first quarter, the total priority debt stands at 45.6% as against regulatory requirement of 40% of the total loan, Canara Bank MD and CEO K Satyanarayana Raju told PTI.

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