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Canara BankInvestor Meet, 14-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

14-05-2026 · 10:16 am

Canara Bank reported robust FY26 results with global business at ₹280,000 Cr, up 12.11%. Global advances grew 15.30% to ₹123,700 Cr, led by RAM credit. Net Profit increased 12.69% to ₹19,187 Cr. Asset quality improved significantly with GNPA at 1.84% and Net NPA at 0.43%. Provision Coverage Ratio stands strong at 94.21%. Management anticipates NIMs of 2.5-2.6% and over 1% Return on Assets, confident in exceeding its 11-12% loan growth guidance. The bank expects to comfortably absorb a projected ₹10,000 Cr ECL impact.

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