#BankingNews
loan growth is promising, but what about potential slippages next quarter? #bankingnews
Canara Bank Q4: Profit Dips 9.9% as NII Rises and NPAs Improve
Canara Bank's Q4FY26 shows a mixed set of results with profit down, NII up, and asset quality improving as loan growth accelerates and deposits rise.
Canara Bank posted a mixed Q4FY26 performance, with net profit down 9.9% year-on-year to ₹4,506 crore, while net interest income rose 3.9% to ₹9,808 crore. Asset quality improved sequential…Canara Bank posted a mixed Q4FY26 performance, with net profit down 9.9% year-on-year to ₹4,506 crore, while net interest income rose 3.9% to ₹9,808 crore. Asset quality improved sequentially, with gross NPA at 1.84% and net NPA easing to 0.43%. The PSU lender also reported solid business growth, ... Read full article.
Solid core results, though the profit dip is a concern. #bankingnews
Canara Bank Q4: Profit Dips 9.9% as NII Rises and NPAs Improve
Canara Bank's Q4FY26 shows a mixed set of results with profit down, NII up, and asset quality improving as loan growth accelerates and deposits rise.
Canara Bank posted a mixed Q4FY26 performance, with net profit down 9.9% year-on-year to ₹4,506 crore, while net interest income rose 3.9% to ₹9,808 crore. Asset quality improved sequential…Canara Bank posted a mixed Q4FY26 performance, with net profit down 9.9% year-on-year to ₹4,506 crore, while net interest income rose 3.9% to ₹9,808 crore. Asset quality improved sequentially, with gross NPA at 1.84% and net NPA easing to 0.43%. The PSU lender also reported solid business growth, ... Read full article.
SBI remains a heavyweight but margin pressure is a real concern #bankingnews
SBI Q4 profit up 6%, stock falls 7% on margin concerns
SBI posts a 6% rise in Q4 net profit to Rs 19,684 crore as asset quality improves, but margins shrink and income slips, sending shares lower.
In the fourth quarter of FY26, State Bank of India reported a 6% year-on-year rise in net profit to Rs 19,684 crore, helped by improved asset quality and a decline in bad loans. Despite the…In the fourth quarter of FY26, State Bank of India reported a 6% year-on-year rise in net profit to Rs 19,684 crore, helped by improved asset quality and a decline in bad loans. Despite the profit uptick, total income slipped slightly and net interest margins compressed, which weighed on operating ... Read full article.