Canara Bank reported a 15.83% year-on-year rise in global business to ₹30.71 lakh crore for the quarter ended September 30, 2026.

Global advances expanded 19.35% YoY to ₹13.74 lakh crore, outpacing the 13.13% growth in global deposits. On a quarter-on-quarter basis, global business grew 5.71%, reflecting sustained momentum from the previous quarter. The disclosure was made under SEBI (LODR) Regulations, 2015, and the Bank’s Code of Conduct for Prohibition of Insider Trading.

Deposit and advance trends

Domestic deposits stood at ₹15.48 lakh crore, registering a 10.96% YoY rise and a 5.05% QoQ increase. Domestic advances grew significantly faster than deposits, climbing 16.83% YoY to ₹12.63 lakh crore. This divergence suggests aggressive credit deployment relative to liability gathering during the quarter.

The Retail and Agri (RAM) segment demonstrated particularly strong performance. Domestic RAM advances surged 21.00% YoY to ₹8.12 lakh crore, indicating a strategic focus on high-yield retail portfolios.

What the numbers show

A comparative analysis of the disclosed figures reveals a widening gap between asset and liability growth rates. While global deposits grew at a steady double-digit pace of 13.13%, global advances accelerated to nearly 20%. This imbalance typically signals a tightening liquidity environment or a deliberate shift towards higher-margin lending products. The bank’s ability to sustain this credit expansion while maintaining deposit growth above 10% suggests effective management of its funding mix despite potential cost pressures.

Note: Figures are provisional and subject to audit or review by the Statutory Central Auditors.

Canara Bank has revised the record date for its bond to October 8, 2026, from the earlier date of October 9, 2026, in connection with an upcoming call option exercise.

Record date revision and call option details

The revision follows the bank's earlier communications regarding the exercise of the call option for the bond. The call option date and coupon payment date originally fall due on October 25, 2026, which is a Sunday and therefore not a business day. In accordance with the terms of the Placement Memorandum, Canara Bank will exercise the call option and make the payment on October 23, 2026, the preceding Friday.

The record date has accordingly been revised to determine the holders entitled to the coupon and the call option redemption amount. The key details of the revision are summarised below.

Background and regulatory communication

Canara Bank had previously informed the stock exchanges of the call option exercise through letters dated January 14, 2026, September 4, 2026, and September 15, 2026. The present communication, dated September 28, 2026, serves as a continuation of those earlier intimations and updates the record date in line with the revised payment schedule.

The intimation was addressed to BSE Ltd. and the National Stock Exchange of India Ltd., as required under applicable listing obligations.