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Canara Bank has announced its results for the June quarter. The bank's profit has increased, but investors are keen to know what drove this growth. Was it higher interest income or some other factor?
India Business News: BENGALURU: Canara Bank delivered a strong performance in the first quarter of FY26, with net profit rising 21.6% year-on-year to Rs 4,752 crore. This .
In corporate lending, where rate cuts lead to price wars among banks, Canara Bank prefer to be selective.
Canara Bank reports 21.69% YoY profit increase in Q1 FY26 driven by non-interest income growth.
Canara Bank reported a 22% YoY rise in Q1 FY26 net profit to Rs 4,752 crore, fueled by robust treasury gains and higher fee income. Despite NIM pressure from RBI rate cuts, the bank saw strong RAM ...
Canara Bank said its sequential provisions jumped to 15.91 per cent to Rs 3,802 crore in Q1 from Rs 3,280 crore in Q4FY25.
Canara Bank Q1 results: Net profit rises 22%, asset quality improves; stock jumps 4% Canara Bank shares surged after the PSU lender reported a 21.7 per cent rise in Q1 net profit to Rs 4,752 crore, ...
Canara Bank Posts 22% Rise In Q1 Profit To ₹4,752 Crore, Asset Quality And Capital Ratios Improve The total income rose to Rs 38,063 crore during the June quarter of fiscal year 2025-26, from Rs ...
Canara Bank reported a 22% jump in Q1 net profit to Rs 4,752 crore. Indian Bank's net profit grew 24% on-year.
Canara Bank share price traded higher on Thursday ahead of the announcement of its Q1 results today. The Rekha Jhunjhunwala portfolio stock gained as much as 1.15% to ₹ 109.05 apiece on the BSE.
With the stock currently trading at Rs 110.87, Canara Bank has shown a positive movement in today's session.
State-owned Canara Bank on Thursday posted a 22% growth in net profit to ₹4,752 crore during the first quarter of the current financial year.