Canara Bank

NSE: CANBK | BSE: 532483 | ISIN: INE476A01022 | Industry: Banks
| Strong Performer, Under Radar
114.8700 1.20 (1.06%)
NSE Jul 15, 2025 15:31 PM
Volume: 25.4M
 

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Canara Bank
27 Jan 2022
114.87
1.06%
Motilal Oswal
Canara Bank (CBK) reported healthy 3QFY22 earnings led by robust NII/Loan growth and controlled provisions. Margin expanded 6bp QoQ aided by improvement in CD ratio. The bank further carried 25% provisions on its SREI exposure (75% coverage now) and provided for the entire pension liability of INR13.55b that resulted in a slight miss in net earnings even as PPoP stood broadly in line with estimates. On the business front, CBK reported a sharp 7% QoQ growth in loan book driven by the corporate portfolio (mainly NBFC segment) and guided for...
Canara Bank is trading above all available SMAs
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