Canara Bank Appoints Dr. Madhavankutty G as New Chief Economist
| Summary/Static | Details |
|---|---|
| Why in the news? | Canara Bank appoints Dr. Madhavankutty G as Chief Economist. |
| New Appointment | Dr. Madhavankutty G as Chief Economist. |
| Effective From | January 2025. |
| Past Experience | Senior Economist at Bank of India, Aditya Birla Group, and Times Group. |
| Key Responsibilities | Economic analysis, financial strategy, and policy advisory. |
| Net Profit (Q3 FY25) | ₹4,014 crore (12.25% YoY growth). |
| Operating Profit | ₹7,837 crore (15.15% YoY growth). |
| Global Deposits | ₹13,69,465 crore (8.44% YoY growth). |
| Gross Advances | ₹10,49,706 crore (10.45% YoY growth). |
| Total Global Business | ₹24,19,171 crore (9.30% YoY growth). |
| Domestic Deposits | ₹12,57,426 crore (7.76% YoY growth). |