Shravan Shetty, Managing Director, Primus Partners, shares his views on Canara Banks' net profit rise of 43% for Q2 of FY24. He states that the ongoing growth is fueled by retail credit. Canara Bank's presence in rural and semi-urban India has contributed to stronger consumption than its private peers. However, both MSME and corporate lending sectors remain weaker due to a lack of investor confidence owing to the muted growth rate of India. Additionally, exports, a key driver, did not meet the expected growth due to global concerns. Read Now!