State-owned Canara Bank on Monday posted a marginal 2 per cent improvement in net profit to ₹4,856 crore during the first quarter of the current financial year.

Canara Bank Q1 Results: State-owned Canara Bank reported a 2% YoY rise in Q1 FY27 net profit to Rs 4,856 crore, while net interest income (NII) grew 13% to Rs 10,216 crore. Asset…

State-owned Canara Bank on Monday posted a marginal 2 per cent improvement in net profit to ₹4,856 crore during the first quarter of the current financial year.

Canara Bank reports a 2.19% rise in Q1 profit, driven by strong credit growth and improved asset quality.

Canara Bank reports strong credit demand from emerging sectors, maintaining robust profit and asset quality amid market challenges.

Advances grew 5% q-o-q, aided by healthy retail (+36% y-o-y/+7% q-o-q) and MSME (+15% y-o-y/+7% q-o-q) growth, while corporate advances grew 4% q-o-q