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Policy▲ Bullish for Canara Bank

Canara Bank CEO estimates ₹450 crore from MDR on UPI

1 source · first seen 12:28 1 Oct · updated 12:28 1 Oct

The brief

Written from 1 report · check the source before you trade
  • Canara Bank CEO estimates ₹450 crore in revenue from UPI MDR
  • The lender has limited exposure to drought-prone areas in Maharashtra
  • Potential UPI fee income supports Canara Bank; limited Maharashtra drought exposure may temper credit concerns

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Canara Bank₹119.44 · 1 todayUPI14 todayDrought6 todayMaharashtra8 todayPSU banks8 todayBanks69 todayFintech and payments22 today

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Read the reports

1 report · earliest 12:28
CNBC-TV18Canara Bank CEO estimates ₹450 crore from MDR on UPI12:28