Quarterly Result27 Jul 2026, 12:23 pm
Canara Bank Q1 FY27: Global Business Up 14.37% to ₹29.05 Lakh Cr
AI Summary
Canara Bank reported its unaudited financial results for the quarter ended June 30, 2026. Global business grew by 14.37% year-on-year to ₹29,05,066 Cr. Global deposits increased by 11.63% to ₹16,11,685 Cr, while global advances rose by 17.97% to ₹12,93,381 Cr. Net profit saw a 2.19% increase to ₹4856 Cr. Asset quality improved with Gross NPA ratio at 1.57% and Net NPA ratio at 0.36%. The bank also achieved targets in priority sector lending and credit to various segments like agriculture, MSMEs, and weaker sections. Capital Adequacy Ratio (CRAR) stood at 17.17%. The bank operates with a network of 10131 branches and 11047 ATMs/Recyclers, including four overseas branches.
Key Highlights
- Global business surged 14.37% YoY to ₹29.05 Lakh Cr.
- Net profit rose 2.19% YoY to ₹4856 Cr.
- Gross NPA improved to 1.57%, Net NPA to 0.36%.
- CRAR stood at a healthy 17.17%.
- Strong growth in RAM and Retail credit portfolios.
Price Impact
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