The Hindu·3 min read·medium

Canbank Q1 net profit up 2.19% at ₹4856 cr.

T
The Hindu Bureau
Canbank Q1 net profit up 2.19% at ₹4856 cr.
AI Summary

Canara Bank reported a 2.19% increase in Q1 net profit to ₹4,856 crore, with Net Interest Income surpassing ₹10,000 crore for the first time. The bank also saw significant growth in retail, agriculture, and MSME credit portfolios alongside improved asset quality.

Canara Bank on Monday posted a first quarter (FY27) net profit of ₹4856 crore, a 2.19% increase over the ₹4,752 crore it reported in the corresponding quarter a year ago.

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