Canara Bank (CBK)'s Q1FY18 PAT grew by 10% YoY at Rs 2.5 bn aided by 18% YoY growth in NII. Provisions continue to stay elevated, though it declined by 19% QoQ, and remains a concern. Headline GNPA ratio increased by 93 bps QoQ to 10.6%, as slippages rose sharply to Rs 55.1 bn (vs. Rs 31 bn in Q4 ..