Page 3 - Canara Bank

Canara Bank net profit rises 22% on healthy growth in other income

Canara Bank reports a 22% rise in Q1FY26 net profit, buoyed by a 32.73% YoY increase in other income, despite pressure on its net interest margin

Select PSU banks gain up to 4%; Canara, Indian Bank near 52-week highs

At 01:49 PM, the Nifty PSU Bank index, the top gainer among sectoral indices, was up 1 per cent, as compared to a 0.50 per cent decline in the Nifty 50

Canara Bank Q1 results: PAT rises 22% to ₹4,752 cr; income at ₹38,063 cr

State-owned Canara Bank on Thursday posted a 22 per cent growth in net profit to Rs 4,752 crore during the first quarter of the current financial year. The Bengaluru-based bank had earned a net profit of Rs 3,905 crore in the same quarter of the previous fiscal year. The total income rose to Rs 38,063 crore during the June quarter of fiscal year 2025-26, from Rs 34,020 crore in the same quarter of FY25, Canara Bank said in a regulatory filing. Interest earned by the bank improved to Rs 31,003 crore, as compared to Rs 28,701 crore in the June quarter FY25. During the period under review, operating profit of the bank increased to Rs 8,554 crore, as compared to Rs 7,616 crore in the same quarter a year ago. The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 2.69 per cent of gross advances at the end of the June quarter, from 4.14 per cent a year ago. Similarly, net NPAs, or bad loans, declined to 0.63 per cent, as against 1.24 per cent in t

Select PSU banks gain in weak market; Canara, Union, BOB surge up to 3%

Around 12 PM, the Nifty PSU Bank index was up 0.45 per cent, as compared to a 0.43 per cent decline in the Nifty 50

Canara Bank drops 'fraud' label on Anil Ambani-linked RCom loan account

The case relates to a loan account linked with Ambani's firm Reliance Communications, which is undergoing insolvency proceedings

Analyst recommends Canara Bank, Hindalco & one other stock to buy today

Stocks to buy: Analyst pick Hindalco, Canara Bank and one more share to buy; Check full details

Canara Bank to raise up to ₹9,500 crore capital through bond issuance

The capital raising initiative is aimed at strengthening the bank's capital adequacy, supporting future business growth and ensuring compliance with Basel III norms

Adani Ent, & 19 others to go ex-date on June 13 for dividend, bonus, rights

Ex-date for dividend, bonus, rights issue: The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues

Union Bank, Canara Bank, IOB cut lending rates by 50 bps after RBI move

Following a 50 bps policy rate cut by RBI, Union Bank revises its external benchmark lending rate, easing loan costs for retail and MSME borrowers

PSU bank stocks rally on cheap valuation, Q4 boost; will the momentum last?

Despite private banks performing strongly in 2025 so far, the last three months have seen a sharp reversal, with PSU banks taking the lead.

Latest PNB and Canara Bank revise FD rates: What's new for your savings?

PNB and Canara Bank have updated their fixed deposit rates, offering new opportunities for both general customers and senior citizens

SBI, BoB, Canara Bank shares aim for new highs this June; can it happen?

The Nifty PSU Bank index has surged 30% from its March low, with 7 out of 12 bank stocks up more than 25%. Here's a technical outlook on key bank stocks - SBI, Bank of Baroda and Canara Bank.

Canara bank waives minimum balance requirement for all SB accounts

Change effective from June 1, customers will no longer have to maintain a minimum balance in their savings bank accounts

Canara Bank waives all charges for non-maintenance of minimum balance

This move is anticipated to benefit millions of Canara Bank customers, including salaried individuals, senior citizens, students, non-resident individuals, and first-time users of banking services

Nifty PSU Bank index surges 3%; SBI, IOB, Canara, Union Bank rally up to 4%

At 01:37 PM; Nifty PSU Bank index, the top gainer among financial indices, was up 2.6 per cent, as compared to 0.25 per cent decline in Nifty 50.

SBI Life, Hudco, Canara Bank among top stocks to buy as Nifty consolidates

Stocks to Buy Today, May 29: Canara Bank share price, Hudco share price, and SBI Life share price have given fresh break out on charts and are poised for upside

Canara Bank revises rates on FDs, savings: What's changed for you

State-owned lender, Canara Bank announces perks for senior and super senior citizens, depending on tenure of accounts

Canara, Union Bank announce special deposit schemes to boost growth

Amid muted deposit growth, Canara and Union Bank launch targeted deposit products offering higher interest, health insurance, and personalised support services

NIM will be under pressure in first 2 quarters of FY26: Canara Bank MD, CEO

Corporate credit growth was around 10 per cent in FY25 and this year also we will maintain the same

Stocks to Watch today, May 9: Britannia, Swiggy, Titan, Kalyan Jewellers

Stocks to Watch on May 9, 2025: Britannia, REC, Titan, Kalyan Jewellers, Paytm are among stocks that will remain on investors' and traders' radar today