Business

Canara Bank Reports a Stunning 22% Surge in Profits, Reaching Rs 4.8k cr in Q1 FY26

BENGALURU: Canara Bank's Remarkable Q1 Performance

Canara Bank has showcased a strong performance in the first quarter of FY26, with its net profit soaring by 21.6% year-on-year to an impressive Rs 4,752 crore. This significant growth is attributed to robust advances, increased fee-based income, and enhanced asset quality.

Canara Bank profit rises 22% to Rs 4.8k cr

The bank's global business also witnessed an 11% YoY growth, reaching a monumental Rs 25.6 lakh crore, further solidifying its position in the financial sector.

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