Canara Bank — Results, 27-07-2026: Financial Results Updates
27-07-2026 | 12:13 pm
27-07-2026 | 12:13 pm
Canara Bank's Board approved its standalone and consolidated financial results for the quarter, previously endorsed by the Audit Committee and reviewed by auditors. The bank strengthened its General Reserves by transferring ₹1936.63 crore from the Investment Fluctuation Reserve. Notably, Canara Bank reported zero defaults on loans and unlisted debt securities, maintaining a strong Provision Coverage Ratio of 94.76%. The company also confirmed no deviation in the utilization of previously raised funds. A penalty of ₹41.80 lakh from the RBI was noted. Total financial indebtedness stands at ₹1,86,445.32 crore.
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