Canara Bank

Swaroop will succeed Tarun Rustagi, who has resigned from the position. Rustagi's last working day will be November 24, 2026

The Nifty PSU Bank index was the top gainer among sectoral indices up 2% in Monday's intraday deals, while the Nifty slipped 0.3%.

At 09:49 AM on Monday, the Nifty PSU Bank index was top gainer among sectoral indices, up 2.6 per cent, as compared to 0.02 per cent decline in the Nifty 50.

Brajesh Kumar Singh says treasury and forex income should improve, while the bank aims to raise ₹8,500 crore in capital this fiscal

JM Financial has upgraded Canara Bank to 'Buy' from 'Add' on cheap valuations and improving fundamentals. It has also raised the target price to ₹150 from ₹142.

Canara Bank's Q2 net profit rose to Rs 5,175 crore as net interest income grew 20.4 per cent and provisions fell, while treasury income declined 68.5 per cent year-on-year.

State-owned Canara Bank on Wednesday reported an 8 per cent increase in net profit at Rs 5,175 crore for the September quarter of this fiscal. During the same quarter of the previous financial year, the bank had earned a net profit of Rs 4,774 crore in the year-ago period. Total income increased to Rs 40,931 crore in the second quarter from Rs 38,598 crore in the same period of the previous fiscal year, Canara Bank said in a regulatory filing. Interest income improved to Rs 35,159 crore from Rs 31,544 crore in the same quarter a year ago. Net Interest Income witnessed a 20 per cent jump in the reported quarter to Rs 11,005 crore as against Rs 9,141 crore a year ago. Operating profit also increased to Rs 8,758 crore as against Rs 8,588 crore in the same quarter a year ago. In terms of asset quality, gross non-performing assets (NPAs) of the bank moderated to 1.33 per cent of gross advances at the end of September 2026 as against 2.35 per cent by the year-ago period. Similarly, ne

Canara Bank on Wednesday reported 8.4% YoY growth in Q2 net profit, and a notable improvement in gross and net non-performing assets.

Q2FY27 results today: Aditya Birla Money, Elecon Engineering Company, Emmvee Photovoltaic Power, Tata Technologies and Groww will announce their quarterly results today

Canara Bank's domestic advances rose to ₹12.63 trillion and deposits to ₹15.48 trillion, while several other lenders also reported strong credit growth in quarterly updates.

PSU Bank stocks slide: Bank of India, Bank of Maharashtra, Union Bank of India, Canara Bank, Punjab National Bank and Bank of Baroda declined 2-4% in Monday's trading session.

Nandish Shah of HDFC Securities has recommended a Bear spread on Bank Nifty and a Bull spread on Canara Bank.

The Basel III-compliant perpetual bonds will have a call option after five years, while the coupon rate is expected to be in the range of 7.85-7.90 per cent

Before moving your money, check the balance slab, interest calculation method and withdrawal flexibility offered by the account.

The 200-DMA is a technical indicator widely used to determine the long-term trends of the underlying index or stock. Indices or stocks trading below the 200-DMA are considered to be in a downtrend.

Muthuselvaraj M of Mirae Asset Sharekhan expects the short-term bias to remain sideways but sees positive prospects for Bank of India, UCO Bank and IOB among others from a medium-term perspective.

Long build-up was seen in Canara Bank futures, with open interest rising alongside a 0.7 per cent increase in price.

South Indian Bank targets ₹3.25 trillion in total business within three years, with a focus on digital banking, retail assets, stronger efficiency and expansion into western India

At 11:31 AM on Wednesday, the Nifty PSU Bank index was the top gainer among sectoral indices up 1.6 per cent, as compared to a 0.74 per cent decline in the Nifty 50.

Canara Bank expects to raise up to $2.5 billion through FCNR(B) deposits and overseas borrowings as it guides for stable margins and healthy credit growth