Canara Bank — Investor Meet, 30-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates
30-01-2026 | 08:08 pm
30-01-2026 | 08:08 pm
Canara Bank reported robust Q3 FY26 results with net profit soaring 25.61% YoY to 5,155 Cr, its highest quarterly profit. Operating profit rose 16.36% to 9,119 Cr. Global advances grew 13.59% to 119,200 Cr, fueled by strong 18.70% RAM sector growth (Retail up 31.37%, MSME up 13.74%). Asset quality saw significant improvement: GNPA declined to 2.08% and Net NPA to 0.45%. Slippage ratio reached an industry-best 0.64%. Management anticipates NIM will stabilize at 2.45-2.50% and sees no immediate need for capital raising. The bank maintains strong recovery momentum and continues digital investments.
No comments yet. Be the first to comment!
