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Canara Bank Q4 profit surges 28% to Rs 5,070 crore, targets 11% loan growth in FY26

IndiaTimes Thursday, 8 May 2025 ()
Canara Bank's consolidated net profit surged 28% to Rs 5,070 crore in the March quarter, driven by reduced provisions and strong non-core income. For FY25, net profit rose to Rs 17,540 crore, despite a slight dip in NII due to margin compression. The bank aims for 10-11% loan growth in FY26 and further NPA reduction.
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