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BHARAT NEETI

Be Ahead With Economy And Policy Updates

Canara Bank Announces Financial Results; Global Business Up by 14.37% YoY

Canara Bank
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New Delhi: Canara Bank has announced its financial results for the quarter ended 30 June 2026. The company reported its global business up by 14.37% YoY, Global Deposit up by 11.63% YoY and Global Advances up by 17.97% YoY. 

Key Highlights (June 2026 V/s June 2025)

Global Business stood at ₹ 29,05,066 Cr, grew by 14.37%.

Global Deposit stood at ₹ 16,11,685 Cr grew by 11.63%.

Global Advances stood at ₹12,93,381 Cr, grew by 17.97%. RAM Credit grew by 21.20%.

Retail Credit grew by 35.88% with Housing loan growth at 17.85% and Vehicle loan at 26.34%.

Fee Income stood at ₹ 2,342 Cr grew by 5.35%.

Operating Profit stood at ₹ 8636Cr up by 0.96%

Net Profit stood at ₹4856 Cr up by 2.19%.

Provision Coverage Ratio (PCR) at 94.76% improved by 159bps. Earnings per share grew by 2.19%.

Gross NPA Ratio stood at 1.57%, improved by 112 bps.

Net NPA Ratio stood at 0.36%, improved by 27 bps.

Credit Cost stood at 0.49% improved by 23 bps. Slippage Ratio stood at 0.60% improved by 20 bps.

Key Summary of Business Performance (as on 30.06.2026)

Business

Global Business increased by 14.37% (y.o.y) to ₹ 29,05,066 Cr as at June 2026, Global Deposits increased by 11.63% (y.o.y) to ₹16,11,685 Cr and Global Advance (gross) increased by 17.97% (y.o.y) to ₹12,93,381 Cr.

Domestic Deposit of the Bank stood at ₹14,73,447 Cr as at June 2026 with growth of 10.06% (y.o.y).

Domestic Advances (gross) of the Bank stood at ₹12,07,087 Cr as at June 2026 grew by 16.95% (y.o.y). RAM credit increased by 21.20% (y.o.y) to ₹ 7,64,675 Cr

Retail lending Portfolio increased by 35.88% (y.o.y) to ₹3,19,893 Cr. Housing Loan Portfolio increased by 17.85% (y.o.y) to ₹1,29,036 Cr.

Asset Quality

Gross Non-Performing Assets (GNPA) ratio improved to 1.57% as at June 2026 reduced from 1.84% as at March 2026, 2.69% as at June 2025.

Net Non-Performing Assets (NNPA) ratio improved to 0.36% as at June 2026 reduced from 0.43% as at March 2026, 0.63 % as at June 2025.

Provision Coverage Ratio (PCR) stood to 94.76% as at June 2026 against 94.21% as at March 2026, 93.17% as at June 2025.

Capital Adequacy

CRAR stood at 17.17% as at June 2026. Out of which CET1 is 12.91%, Tier-I is 2.09% and Tier-II is 2.17%.

Priority Sector & Financial Inclusion

The Bank has achieved Targets in Priority Sector at 45.67% and Agricultural Credit at 21.41% of ANBC as at June 2026, as against the norm of 40% and 18% respectively.

Credit to Small and Marginal Farmers stood at 13.96% of ANBC, against the norm of 10.00%.

Credit to Weaker Sections stood at 20% of ANBC, against the norm of 12.00%.

Credit to Micro Enterprises stood at 9.36% of ANBC, against the norm of 7.50%.

Credit to Non-Corporate Farmers stood at 16.84% of ANBC, against the norm of 14.00%.

Network

As on 30.06.2026, the Bank has 10131 Number of Branches, out of which 3211 are Rural,3033 Semi Urban,1994 Urban & 1893 Metro along with 11047 ATM & Recycler. Bank is also having 4 Overseas Branches in London, New York, Dubai & IBU Gift City Branch.

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