ResultsFinancial Results Updates
Canara Bank's Board approved its standalone and consolidated financial results for the quarter, previously endorsed by the Audit Committee and reviewed by auditors.
Canara BankCANBK · Filed with the exchange
The bank strengthened its General Reserves by transferring ₹1936.63 crore from the Investment Fluctuation Reserve.
Notably, Canara Bank reported zero defaults on loans and unlisted debt securities, maintaining a strong Provision Coverage Ratio of 94.76%. The company also confirmed no deviation in the utilization of previously raised funds.
A penalty of ₹41.80 lakh from the RBI was noted.
Total financial indebtedness stands at ₹1,86,445.32 crore.
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