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CANARA BANK NIM
Canara Bank Q2 profit rises 8% YoY to Rs 5,175 croreCanara Bank reported an 8.4% year-on-year rise in second-quarter net profit to Rs 5,175 crore, supported by higher net interest income and ...
Canara Bank Q2 Results: Standalone net profit rises 8% YoY to Rs 5,175 crore, NII jumps 20%Canara Bank has announced a standalone net profit of approximately Rs 5,175 crore for the second quarter of FY27, reflecting a growth of ov...
These 7 private and public banking stocks have an upside of up to 25% in one year, according to analystsThanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...
Stocks in news: HCL Technologies, DMart, Adani Green Energy, PTC Industries and Anand Rathi WealthIndian equity markets showed a significant recovery driven by bargain buying and favorable global cues. The Nifty 50 and Sensex both closed...
PNB, Kotak Mahindra Bank, other bank stocks rise up to 2% after RBI’s rate hike, Nifty Bank above 55,500Bank stocks including Kotak Mahindra Bank, PNB, Union Bank and Canara Bank gained up to 2% after the RBI rose on Monday after the repo rate...
Private banks' deposit mobilisation outpaces PSU peers in Q2From a loan growth perspective, state-run banks' advances growth remained in the range of 12.59-29.83 per cent year-on-year in Q2, while pr...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsGiven the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term head...
Numbers Boost: FCNR-B inflows help banks cut expensive bulk depositsIndian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...
ICICI Securities initiates coverage on 7 PSU banks with positive valuationsICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for ...
Canara Bank sees NIM floor at 2.5%, confident of absorbing ECL hit without fresh equityCanara Bank anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning need...
Canara Bank Q1 profit rises 22% to Rs 4,752 crore on treasury gainsCanara Bank reported a 22% YoY rise in Q1 FY26 net profit to ₹4,752 crore, driven by a 33% jump in non-interest income despite a 2% fall in...
PSU banks may take a hit on margins as interest rates dipState-owned banks saw a 26% profit surge in FY25. However, net interest margins may face pressure this fiscal year. Banks like State Bank o...
Canara Bank Q2 Results: Profit jumps 43% YoY to Rs 3,606 crore on lower provisionsThe 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...
Deposit rates unlikely to rise with soaring credit demandThe phased withdrawal of the incremental cash reserve ratio (ICRR) between September 9 and October 7 would help banks to meet the festive c...
Further rise in deposit rates unlikely as banks look to protect marginBanks in India are unlikely to engage in a deposit war despite an anticipated increase in credit demand during the festive season. Most len...
Our aim is to keep cash recoveries more than slippages: Satyanarayana RajuOur more thrust will be on slippage as I say so that is why we have re-worked on our underwriting standards on various RAM schemes and clos...
- Neutral Canara Bank with a target of Rs 305: Motilal Oswal Securities
Motilal Oswal upgraded earnings by ~6% over FY16-19 to factor in higher trading gains.
- Canara Bank says will improve net interest margin in FY13
Canara Bank said it is confident of improving net interest margin (NIM) by 20 to 30 basis point for the next fiscal.
- Canara Bank: Rising loan book, margins help growth
Canara Bank's investors should be happy with the latest set of numbers, marked by an improvement in margin and high advances growth, after ...
- NPAs still a hurdle for BoI; rise in NIM to help CanBank
Non-performing assets (NPAs) continue to plague the performance of Bank of India (BoI) during the December 2009 quarter.