Economic TimesLean R·
Canara Bank Q1 Results: Net profit rises 2% YoY to Rs 4,856 crore; NII jumps 13%
Canara Bank Q1 Results: State-owned Canara Bank reported a 2% YoY rise in Q1 FY27 net profit to Rs 4,856 crore, while net interest income (NII) grew 13% to Rs 10,216 crore. Asset quality improved sharply, with total NPAs declining nearly 24% YoY to Rs 1,399 crore. Total provisions also eased, reflecting continued improvement in the bank's overall balance sheet strength.
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