Canara Bank has submitted its quarterly Security Cover Certificate for Q3FY26 to stock exchanges, disclosing comprehensive details of its outstanding debt securities portfolio. The submission, made on January 29, 2026, fulfills regulatory requirements under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Outstanding Debt Securities Portfolio

The bank's certificate reveals a substantial portfolio of unsecured non-convertible debt securities totaling ₹50,423.00 crore across 18 different ISIN series. The portfolio comprises various Basel III compliant instruments and long-term bonds issued over multiple financial years.

Regulatory Compliance and Security Cover

The certificate confirms that all debt securities are unsecured in nature, eliminating the requirement for specific asset backing or security cover. As clarified by NSE guidelines, entities with only unsecured debt securities must submit a "NIL" report regarding security coverage requirements.

Statutory auditors K Venkatachalam Aiyer & Co. have certified full compliance with all covenants and terms associated with the listed non-convertible debt securities as of December 31, 2025. The certification covers regulatory obligations under SEBI (LODR) Regulation 54(2) and related circulars.

Certificate Submission Details

Company Secretary Santosh Kumar Barik signed and submitted the disclosure to both BSE (Scrip Code: 532483) and NSE (Scrip Code: CANBK). The submission includes comprehensive documentation covering security cover requirements and covenant compliance status for the quarter ended December 31, 2025.

The bank's diverse debt securities portfolio spans multiple vintage years, reflecting its consistent capital market access for regulatory capital and funding requirements. The largest single issuance is the CB L TB 2034 series with ₹10,000.00 crore outstanding, followed by two Long Term Bond series of ₹5,000.00 crore each.

Source:

Canara Bank delivered strong financial results for Q3, reporting a significant 25.6% year-on-year increase in net profit. The public sector bank's performance demonstrates robust operational efficiency and continued growth momentum in the current fiscal year.

Financial Performance Overview

The bank's Q3 net profit reached ₹51.50 billion, marking a substantial improvement from ₹41.00 billion recorded in the same quarter of the previous year. This represents a healthy growth trajectory for the state-owned lender.

Market Expectations

The reported net profit of ₹51.50 billion came marginally below analyst estimates of ₹52.00 billion. Despite falling short of expectations by approximately ₹0.50 billion, the bank's performance reflects strong operational fundamentals and consistent profitability growth.

Performance Analysis

The 25.6% year-on-year growth in net profit underscores Canara Bank's ability to maintain strong financial performance in a competitive banking landscape. The substantial profit increase of ₹10.50 billion compared to the previous year demonstrates the bank's effective business strategy and operational execution.

The quarterly results position Canara Bank as a key player in India's public sector banking segment, showcasing consistent profitability and growth potential in the current market environment.