Canara Bank Q2FY27 Results: Global business up 15.83% YoY to ₹30.71 lakh crore
- Global business rose 15.83% YoY to ₹30.71 lakh crore in Q2FY27
- Global advances expanded 19.35% YoY to ₹13.74 lakh crore
- Domestic RAM advances surged 21.00% YoY to ₹8.12 lakh crore
- Deposit growth lagged behind advance growth across global and domestic segments

*this image is generated using AI for illustrative purposes only.
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.
| Particulars | 30.09.2025 | 30.06.2026 | 30.09.2026 | QoQ Growth | YoY Growth |
|---|---|---|---|---|---|
| Global Business | ₹26.51 lakh crore | ₹29.05 lakh crore | ₹30.71 lakh crore | 5.71% | 15.83% |
| Global Deposits | ₹15.00 lakh crore | ₹16.12 lakh crore | ₹16.97 lakh crore | 5.31% | 13.13% |
| Global Advances | ₹11.51 lakh crore | ₹12.93 lakh crore | ₹13.74 lakh crore | 6.21% | 19.35% |
| Domestic Deposits | ₹13.95 lakh crore | ₹14.73 lakh crore | ₹15.48 lakh crore | 5.05% | 10.96% |
| Domestic Advances | ₹10.81 lakh crore | ₹12.07 lakh crore | ₹12.63 lakh crore | 4.67% | 16.83% |
| RAM (Domestic) | ₹6.71 lakh crore | ₹7.65 lakh crore | ₹8.12 lakh crore | 6.20% | 21.00% |
Note: Figures are provisional and subject to audit or review by the Statutory Central Auditors.
Historical Stock Returns for Canara Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.15% | +1.88% | -2.57% | -15.29% | -3.90% | +216.20% |
How will the widening gap between advance and deposit growth impact Canara Bank's Net Interest Margin (NIM) in upcoming quarters?
What specific measures is Canara Bank planning to adopt to address potential liquidity pressures as credit deployment outpaces liability gathering?
To what extent can the bank sustain its 21% YoY growth in the Retail and Agri segment without compromising asset quality or increasing provisioning costs?


































