Canara Bank — Updates, 08-05-2025: Press Release

Canara Bank has announced a board meeting to discuss the financial results for the quarter and half-year. Global business rose 11.32% to ₹25.3 lakh Cr, with deposits up 11.01% to ₹14.57 lakh Cr. Gross advances increased 11.74%, driven by strong retail credit growth of 42.8%, including housing loans up 13.57%. Net profit jumped 33.19% YoY to ₹5,004 Cr. Asset quality improved with GNPA at 2.94% and NNPA at 0.70%. Dividend declared at 200%, supported by solid earnings and a capital adequacy ratio of 16.33%.