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CANBK

129.96 0.36 (0.28%)
Last 2 days · 15m candles25/8/2026, 00:34:48
Open: 129.94High: 129.96Low: 128.73Prev: 129.60
Positive
11
Neutral
18
Negative
1

News mentioning CANBK

Sentiment: +33%← All news
VERIFIEDET Finance·27d★ ON YOUR LIST
Canara Bank to frontload ECL provisioning, plans ₹8,000 cr capital raise
AI summary· NEUTRAL
  • ·Canara Bank plans to frontload expected credit loss provisioning within two years, revising projections to ₹12-13,000 crore.
  • ·This provisioning will impact the capital adequacy ratio by sixty basis points.
  • ·The bank intends to raise ₹8,000 crore in capital to mitigate this impact, while gross advances grew eighteen percent year-on-year.
VERIFIEDET Stocks·28d★ ON YOUR LIST
Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowings
AI summary· POSITIVE
  • ·Canara Bank aims to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings.
  • ·The bank reported a 2.2% increase in first-quarter profit.
  • ·Canara Bank saw improved asset quality, steady margins, and double-digit growth in advances and deposits.
VERIFIEDET Markets·28d★ ON YOUR LIST
Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowings
AI summary· POSITIVE
  • ·Canara Bank aims to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings.
  • ·The bank reported a 2.2% increase in first-quarter profit.
  • ·Asset quality improved, margins remained steady, and advances and deposits saw double-digit growth.
VERIFIEDET Markets·28d★ ON YOUR LIST
Canara Bank Q1 Results: Net profit rises 2% YoY to Rs 4,856 crore; NII jumps 13%
AI summary· POSITIVE
  • ·Canara Bank reported a 2% year-on-year increase in net profit for Q1, reaching Rs 4,856 crore.
  • ·The bank's net interest income (NII) saw a 13% year-on-year rise, amounting to Rs 10,216 crore.
  • ·This NII growth is compared to Rs 9,008 crore in the previous year's corresponding period.
VERIFIEDET Stocks·28d★ ON YOUR LIST
Canara Bank Q1 Results: Net profit rises 2% YoY to Rs 4,856 crore; NII jumps 13%
AI summary· POSITIVE
  • ·Canara Bank reported a 2% year-on-year increase in net profit for Q1, reaching Rs 4,856 crore.
  • ·The bank's net interest income (NII) saw a 13% year-on-year rise, amounting to Rs 10,216 crore.
  • ·This NII growth is compared to Rs 9,008 crore in the previous year's corresponding period.
VERIFIEDET Finance·39d★ ON YOUR LIST
An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peers
AI summary· POSITIVE
  • ·State Bank of India mobilized $1.9 billion in foreign-currency resources through a special scheme.
  • ·This amount is significantly higher than what other state-owned and private sector banks have raised.
  • ·Banks are focusing on attracting overseas currency inflows from the Indian diaspora to offer greater flexibility to high-net-worth clients.
VERIFIEDET Finance·40d★ ON YOUR LIST
SHH promoters deposit ₹200 crore to settle ₹648 crore dues
AI summary· NEUTRAL
  • ·Supreme Housing promoters deposited ₹200 crore towards a ₹518 crore debt settlement.
  • ·Canara Bank anticipates receiving approximately ₹475 crore from this one-time settlement.
  • ·Supreme Housing must deposit the full settlement amount by July 28 to proceed.
VERIFIEDET Finance·41d★ ON YOUR LIST
Insurance distribution boosts fee income at most public sector banks in FY26
AI summary· POSITIVE
  • ·Public sector banks saw an increase in insurance commissions in FY26, with most reporting growth.
  • ·State Bank of India reported the highest insurance commissions, boosted by its subsidiary.
  • ·Canara Bank and Bank of Baroda also experienced growth in insurance commissions, while Punjab National Bank and Union Bank of India saw declines in some areas.
VERIFIEDET Stocks·47d★ ON YOUR LIST
RBI approves Mahesh M Pai as new MD at South Indian Bank
AI summary· NEUTRAL
  • ·The Reserve Bank of India has approved the appointment of Mahesh Muralidhar Pai as the new MD and CEO of South Indian Bank.
  • ·Mahesh M Pai's appointment is effective from October 1.
  • ·Pai has three decades of banking experience and previously led digital banking at Canara Bank.
VERIFIEDET Finance·54d★ ON YOUR LIST
Canara Bank, Indian Bank credit growth outpaces deposits
AI summary· NEUTRAL
  • ·Canara Bank's advances surged by 18%, outpacing deposit growth.
  • ·Indian Bank reported a 13.9% rise in credit, also exceeding deposit expansion.
  • ·Robust credit expansion is observed in retail, agriculture, and MSME sectors for these banks.