Canara Bank guided for a 5 bps lower net interest margin for FY26E at 2.75-2.8% vs FY25. (Photo Source: Vishal Patel/ NDTV Profit)
Canara Bank reported an in-line quarter with sequentially stable NIM at 2.73% (+2 bps QoQ), healthy loan growth at 2.5% QoQ, controlled slippage at 1.1%, and improved PCR to 77% (+260 bps QoQ). PAT benefitted from Rs 11 billion of write-backs from govt guaranteed security receipts, with RoA at 1.25%.