Canara Bank

NSE: CANBK | BSE: 532483 | ISIN: INE476A01022 | Industry: Banks
| Strong Performer
127.3900 1.22 (0.97%)
NSE Oct 10, 2025 15:59 PM
Volume: 23.8M
 

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Canara Bank
09 Aug 2016, 12:00AM
127.39
0.97%
Ashika Research
Credit growth for Canara Bank remained muted with flat negative growth of -0.9% yoy and -1.1% QoQ. Loan book was flattish due to a decline in corporate advances. The bank has also converted Rs 9000 crore of Discom loans to bonds during last two quarters leading to decline in infrastructure loan book. Retail advances backed by strong growth across sub-segments grew 34% YoY. On advances front, the bank is strongly focusing on growing retail advances (Agriculture, MSMEs, Housing & Other Retail Schemes)...
Canara Bank has an average target of 129.00 from 4 brokers.
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