Canara Bank's Q1FY16 profit (Rs 4.8bn, 41% yoy) was below our expectation of Rs 5.4bn dueto(1)higherNPAprovisionsasslippages(Rs25bn)continuedtoremainelevated,and (2)anincreaseintheprovisioncoverageratioby170bps.Operatingprofitgrew12%yoyto...