{
  "id": 14394595,
  "title": "Canara Bank Net Profit Rises 8.40% To ₹5,175 Crore In Q2 FY27",
  "url": "https://urgent.news/2026/10/14/canara-bank-net-profit-rises-8-40-to-5-175-crore-in-q2-fy27",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T06:59:55.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/canara-bank-net-profit-rises-840-to-5175-crore-in-q2-fy27"
  },
  "original_language": "en",
  "account": "Canara Bank reported an 8.40% increase in net profit to ₹5,175 crore for the second quarter and half-year ended 30 September 2026. The global business grew by 15.88% year-on-year, with global deposits increasing by 13.13% and global advances (gross) growing by 19.46%. Domestic deposits rose by 10.97% year-on-year to ₹15,47,979 crore, while domestic advances (gross) grew by 16.95%. Credit portfolio RAM credit increased by 21.03% year-on-year to ₹8,12,310 crore, with retail lending growing by 31.61% to ₹3,30,587 crore, housing loans increasing by 17.35%. The gross non-performing assets (GNPA) ratio improved to 1.33% as of September 2026, down from previous quarters. The net non-performing assets (NNPA) ratio improved to 0.30%. The provision coverage ratio stood at 95.34% as of September 2026. The bank achieved 44.99% in priority sector targets, surpassing the norm of 40%. Agricultural credit stood at 20.61% of ANBC, against the 18% norm. Canara Bank plans to raise up to ₹4,500 crore via Basel III AT-1 bonds for business growth.",
  "summary": "Mumbai: Canara Bank on Thursday announced its financial results for the second quarter and half-year ended 30 September 2026, reporting an 8.40 per cent increase in net profit to ₹5,175 crore. The bank's global business grew by 15.88 per cent year-on-year. Business Performance Global business for the period stood at ₹30,72,365 crore. Global deposits increased by 13.13 per cent year-on-year to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Canara Bank Q2 Results: Net Profit Rises 9% To ₹5,175 Crore, PSU Bank Stock Jumps 4% As Bad Loans Decline",
        "url": "https://urgent.news/2026/10/14/canara-bank-q2-results-net-profit-rises-9-to-5-175-crore-psu-bank",
        "published": "2026-10-14T07:12:09.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Canara Bank Q2 results: Profit rises 8% to ₹5,175 cr, revenue at ₹40,931 cr",
        "url": "https://urgent.news/2026/10/14/canara-bank-q2-results-profit-rises-8-to-5-175-cr-revenue-at-40-931-cr",
        "published": "2026-10-14T08:09:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}