Canara Bank saw a 10% dip in net profit last quarter, mainly due to treasury losses. The bank is now prio ...More

Canara Bank saw a 10% dip in net profit last quarter, mainly due to treasury losses. The bank is now prioritizing core income to maintain its net interest margins. Advances are expected to grow between 11-12% this year, while deposit growth is projected at 9-10%. Asset quality remains strong with a low slippage ratio. ...Less

The bank's operating profit rose 10.3% at Rs 7,616 crore, backed by a near-20% jump in net interest incom ...More

The bank's operating profit rose 10.3% at Rs 7,616 crore, backed by a near-20% jump in net interest income at 8,903 crore. Other income was little lower at Rs 4,635 crore, against Rs 4,825 crore, primarily due to lower treasury income. ...Less

Lower provisions helped Canara Bank report a 11.3% year-on-year rise in net profit for the September quar ...More

Lower provisions helped Canara Bank report a 11.3% year-on-year rise in net profit for the September quarter at Rs 4,014 crore, while pre-provision operating profit remained almost flat on a slim rise in net interest income. ...Less

Provisions slipped to Rs 2,157 crore from Rs 2,204 crore QoQ but rose from Rs 1,586 crore YoY. ...More

Provisions slipped to Rs 2,157 crore from Rs 2,204 crore QoQ but rose from Rs 1,586 crore YoY. ...Less

The bank's gross non-performing assets (NPAs) declined to 6.37 per cent of the gross advances as of Septe ...More

The bank's gross non-performing assets (NPAs) declined to 6.37 per cent of the gross advances as of September 30, 2022, compared to 8.42 per cent at the end of September 2021.Net NPA too fell to 2.19 per cent from 3.22 per cent at the end of the September 2021 quarter. ...Less

Canara Bank Q2 Results FY25: Canara Bank reported an 11% rise in net profit for the September quarter to ...More

Canara Bank Q2 Results FY25: Canara Bank reported an 11% rise in net profit for the September quarter to Rs 4,015 crore. Interest earned and expended both increased. Global business grew by 9.42%. ...Less

Interest income stood at Rs 12,500.37 crore, up from Rs 11,015.93 crore. ...More

Interest income stood at Rs 12,500.37 crore, up from Rs 11,015.93 crore. ...Less

Bank chief executive LV Prabhakar expects corporate loans to grow at 7.5% for the full year despite muted ...More

Bank chief executive LV Prabhakar expects corporate loans to grow at 7.5% for the full year despite muted demand so far, raising hopes of pick up in industrial activities. He expects retail loans to continue to grow by over 10%. ...Less

The bank’s net interest margin, a key profitability metric, improved to 2.86% for the quarter under revie ...More

The bank’s net interest margin, a key profitability metric, improved to 2.86% for the quarter under review ...Less

While net profit showed a hefty increase, the bank’s net interest margin declined to 2.72 per cent versus ...More

While net profit showed a hefty increase, the bank’s net interest margin declined to 2.72 per cent versus 2.82 per cent over the same period a year ago. The net interest income, too, fell to Rs 6,273 crore in the July-September quarter. ...Less

The bank's gross non-performing assets (NPAs) declined to 6.37% of the gross advances as of September 30, ...More

The bank's gross non-performing assets (NPAs) declined to 6.37% of the gross advances as of September 30, 2022, compared with 8.42% at the end of September 2021. The net NPA too fell to 2.19% from 3.22% at the end of the September 2021 quarter. ...Less

Hyundai Motor India reported a 14.3% YoY rise in Q2 FY26 net profit to Rs 1,572.3 crore, driven by strong ...More

Hyundai Motor India reported a 14.3% YoY rise in Q2 FY26 net profit to Rs 1,572.3 crore, driven by strong exports, robust SUV sales, and cost optimisation. Revenue grew 1.2% to Rs 17,460.8 crore, while EBITDA margins improved to 13.9%. ...Less

Smallcap stock Bharat Seats announced on Tuesday that its board will discuss the issuance of bonus shares ...More

Smallcap stock Bharat Seats announced on Tuesday that its board will discuss the issuance of bonus shares at their upcoming meeting scheduled for November 5. ...Less

Canara Bank reported an 18.7% year-on-year rise in standalone net profit to Rs 4,773.96 crore for Q2FY26, ...More

Canara Bank reported an 18.7% year-on-year rise in standalone net profit to Rs 4,773.96 crore for Q2FY26, supported by strong growth in operating profit and improved asset quality. Global business expanded 13.55% YoY, while gross NPAs fell to 2.35% and ROA improved to 1.12%, reflecting robust operational efficiency. ...Less

Canara Bank shares surged 4% to a 52-week high after reporting a 19% YoY rise in Q2 FY26 net profit to ₹4 ...More

Canara Bank shares surged 4% to a 52-week high after reporting a 19% YoY rise in Q2 FY26 net profit to ₹4,774 crore. Asset quality improved sharply, with GNPA falling to 2.35% and credit cost easing to 0.68%, reflecting strong operational efficiency and credit discipline. ...Less

Jhunjhunwala upped his stake in the bank in March quarter to 1.96 per cent from 1.6 per cent in December ...More

Jhunjhunwala upped his stake in the bank in March quarter to 1.96 per cent from 1.6 per cent in December quarter. ...Less