Canara Bank’s new MD & CEO, Brajesh Kumar Singh, says raising low-cost resources is his top priority. Singh tells Manju AB that the bank is shedding bulk deposits and focusing on retail and term deposits to improve its net interest margins (NIMs). Excerpts: Since it has been less than two months since you took charge of Canara Bank, what are the key strategic changes you plan to push for Our first priority is to raise low-cost resources. That would mean increasing the share of CASA (current account savings account) deposits to 32% from around 30% now. The other priorities are improving net interest margins (NIMs), yields on advances, asset quality and customer experience.