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.

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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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