Canara Bank reports strong performance with Net Profit of 4,856 crore; Gross NPA declines to 1.57%
Canara Bank has announced its unaudited financial results for the quarter ending June 30, 2026, demonstrating robust growth across key business segments and significant improvement in asset quality. The bank recorded a Net Profit of 4,856 crore, while gross Non-Performing Assets (NPA) decreased to 1.57%.The comprehensive results reflect sustained operational efficiency and strategic performance enhancement. During the quarter, Global Business saw growth at 14.37% year on year (Y-o-Y), recording a total of 29,05,066 crore. This was complemented by an increase in Global Advances to 12,93,381 crore, marking a 17.97% Y-o-Y growth.The bank...