CANBKNSECanara Bank· BanksLowNeutral
Announced Wed, 1 Jul · 18:58 IST

Canara Bank Q1FY27 provisional business update - deposits and advances grow YoY

CANBK · price

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Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹125.85
prior close
₹128.27
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AI summary

Canara Bank shared provisional Q1FY27 business figures for the period ended 30 June 2026 (unaudited). Global Business rose to about Rs 29.06 lakh crore, up 14.4 percent YoY. Global Deposits grew 11.7 percent YoY to about Rs 16.13 lakh crore, while Global Advances jumped about 18 percent YoY to about Rs 12.93 lakh crore. Domestic Advances grew about 16.9 percent YoY and the domestic RAM (Retail, Agriculture, MSME) book rose about 21.3 percent YoY. Figures are provisional and subject to statutory audit.

Likely market impact

Strong YoY growth in advances, especially in the RAM segment, signals healthy credit demand. Positive read for shareholders; awaits audited results.