Quarterly Result14 Oct 2026, 12:17 pm
Canara Bank Q2 FY27: Net Profit Up 8.40% to ₹5,175 Cr
AI Summary
Canara Bank reported its financial results for the second quarter and half-year ended September 30, 2026. Global Business grew by 15.88% year-on-year to ₹30,72,365 Cr. Global Deposits increased by 13.13% to ₹16,97,305 Cr, while Global Advances rose by 19.46% to ₹13,75,060 Cr. Net Profit for the quarter saw an 8.40% increase, reaching ₹5,175 Cr. The bank also improved its asset quality, with the Gross NPA ratio falling to 1.33% and the Net NPA ratio to 0.30%. The Provision Coverage Ratio (PCR) stood at 95.34%. Retail credit portfolio grew by 31.61%.
Key Highlights
- Net Profit increased by 8.40% YoY to ₹5,175 Cr.
- Global Business grew 15.88% YoY to ₹30,72,365 Cr.
- Global Deposits and Advances rose by 13.13% and 19.46% respectively.
- GNPA ratio improved to 1.33% and NNPA ratio to 0.30%.
- Retail credit portfolio saw a significant 31.61% growth.
Price Impact
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