Canara Bank (CBK) reported a decent Q2, driven by pick-up in advances (up 10% YoY), stable NIM (2.34%; flat QoQ) and headline asset quality (GNPLs at 10.5%; down 5 bps QoQ) and 56 bps QoQ improvement in CASA deposits to 31.2% leading to in-line PAT of Rs 2.6 bn (down 27% YoY).