Canara Bank

NSE: CANBK | BSE: 532483 | ISIN: INE476A01022 | Industry: Banks
| Strong Performer
147.8800 -2.66 (-1.77%)
NSE Jan 12, 2026 11:34 AM
Volume: 8.2M
 

logo
Canara Bank
20 Nov 2017
147.88
-1.77%

Canara Bank

SPA Research
Canara bank reported better NIMs at 2.60% (25bps y-o-y & 4bps q-o-q) led by improvement in C/D ratio 72.2% (462bps y-o-y & 161bps q-o-q). Non-interest income grew 9% y-o-y & -8% q-o-q led by recovery in w/off a/c's to INR19.3bn. GNPA in absolute terms grew marginally (4% q-o-q) led by reduction in slippages (39% q-o-q) and higher recoveries (55% q-o-q). Controlled opex (8% y-o-y) resulted in higher PPOP (16% y-o-y). However, elevated provisions (36% y-o-y) resulted in lower PAT of 2.6mn (-27% y-o-y)....
Canara Bank is trading above its 200 day SMA of 119.2
More from Canara Bank
Recommended