BusinessPhoto: NDTV BusinessCanara Bank Q2 Net Profit Rises 8.4%, NII Up 20%
Canara Bank reported an 8.4% year-on-year rise in net profit for Q2 FY27, reaching Rs 5,175 crore compared to Rs 4,774 crore last year. Net Interest Income increased 20% to Rs 11,004 crore. Gross NPA declined to 1.33%, while Net NPA remained steady at 0.3%. Provisions decreased to Rs 1,782 crore, and fresh slippages rose 3.5% to Rs 1,844 crore.
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