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Canara Bank to host Q1FY27 earnings call on July 27

Canara Bank announced a virtual earnings call on July 27, 2026, at 4:00 PM IST to discuss unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The session will feature senior management, including MD & CEO Brajesh Kumar Singh and other executive directors.

20Jul 26

Canara Bank pays ₹904.80 crore interest on Infrastructure and AT-1 Bonds

Canara Bank paid a total annual interest of ₹904.80 crore on its Infrastructure and AT-1 Bonds on July 20, 2026. The payments of ₹740 crore and ₹164.80 crore respectively were made via RTGS and NEFT, adhering to SEBI guidelines regarding holiday adjustments for record and coupon dates.

08Jul 26

Canara Bank designates Sujit Kumar Sahoo as interim group chief compliance officer

Canara Bank designated Sujit Kumar Sahoo as the Interim Group Chief Compliance Officer effective June 29, 2026. Sahoo, a Chief General Manager with over 29 years of experience, currently heads the Compliance & RBS Wing at the bank's head office in Bengaluru.

08Jul 26

Canara Bank accepts resignation of CGM Mahesh M Pai

Canara Bank announced the resignation of Shri Mahesh M Pai, Chief General Manager of the Digital Banking Wing, effective July 31, 2026. Pai submitted his resignation on July 7, 2026, to pursue better prospects in the banking sector, subject to approval by the Competent Authority.

03Jul 26

Canara Bank Records Rs. 18.38 Crores Block Trade on NSE at Rs. 125.71 Per Share

Canara Bank recorded a block trade on the NSE involving approximately 1,461,911 shares at Rs. 125.71 per share. The total value of the transaction stood at Rs. 18.38 crores. Such block trades are generally associated with large institutional activity and are executed to limit price disruption in the open market.

02Jul 26

Canara Bank Signs MOU With Telangana Government to Provide Salary Accounts to State Employees

Canara Bank has signed an MOU with the Telangana Government to provide salary accounts to state and government employees of Telangana State. The agreement formalises Canara Bank's role as a designated banking partner for the salary account needs of Telangana's government workforce. This development highlights the bank's strategy of strengthening institutional banking ties with state governments, enabling it to serve a large base of public sector employees.

02Jul 26

UBS and Morgan Stanley Issue Divergent Ratings on Canara Bank Following Q1FY27 Initial Update

UBS has assigned an Accumulate rating on Canara Bank with a target price of ₹160, citing stronger-than-expected Q1FY27 loan growth and steady deposit traction, while flagging NIM performance and credit costs/slippages as key monitorables. Morgan Stanley maintains an Underweight rating with a target price of ₹103, acknowledging strong credit growth in the Q1 initial update despite its cautious stance. The wide gap between the two target prices—₹160 versus ₹103—reflects a significant divergence in brokerage views on the bank's near-term risk-reward profile.

02Jul 26

Canara Bank global business rises 14.4% YoY to ₹29,05,820 crore

Canara Bank reported provisional global business of ₹29,05,820 crore for the period ended June 30, 2026, a 14.40% YoY increase. Global deposits grew 11.69% to ₹16,12,604 crore, while global advances rose 17.96% to ₹12,93,216 crore. Domestic deposits and advances increased by 10.06% and 16.93% YoY respectively, with the Retail Asset Management segment growing 21.27%.

01Jul 26

Canara Bank appoints Sujit Kumar Sahoo as Chief General Manager

Canara Bank announced the promotion of Shri Sujit Kumar Sahoo to Chief General Manager of the Compliance & RBS Wing, effective July 1, 2026. Sahoo, who previously served as General Manager in the same department, has over 29 years of banking experience and has held administrative roles in Ranchi, Madurai, Chennai, and Sambalpur.

01Jul 26

Canara Bank Records ₹54.83 Crore Block Trade on NSE at ₹126.23 Per Share

Canara Bank recorded a block trade on the National Stock Exchange valued at ₹54.83 crores, involving approximately 4,343,683 shares at a price of ₹126.23 per share. The transaction reflects institutional-level participation, characteristic of large single-transaction deals executed to minimize market price impact.

30Jun 26

Central Government appoints Rakesh Kashyap as NABARD DMD

The Central Government appointed Shri Rakesh Kashyap as Deputy Managing Director of NABARD effective June 29, 2026, under the National Bank for Agriculture and Rural Development Act, 1981. He will serve until January 31, 2029, or until further orders. Canara Bank disclosed this change in management to the exchanges in compliance with SEBI regulations.

25Jun 26

Canara Bank Records ₹104.95 Crore Block Trade on NSE at ₹129.10 Per Share

Canara Bank recorded a block trade on the NSE involving approximately 8,129,065 shares at ₹129.10 per share. The total value of the transaction stood at ₹104.95 crores. Such block trades are typically associated with institutional-level buying or selling activity and are executed outside the regular order book to limit market impact.

24Jun 26

Canara Bank declares dividend, appoints directors at AGM

Canara Bank declared a dividend of ₹4.2 per share for the financial year 2025-26 at its 24th Annual General Meeting held on June 23, 2026. The bank reported a net profit of Rs.19,187 Crores for the 12-month period, reflecting a 12.11% year-on-year growth, with global business surpassing Rs.28 Lakh Crores. Shareholders approved the appointment of Shri Sunil Kumar Chugh as Executive Director and Ms. Shalini Pandit as Government Nominee Director.

17Jun 26

Canara Bank Records ₹20.80 Crore Block Trade on NSE at ₹135.53 Per Share

A block trade worth ₹20.80 crores was executed on the NSE for Canara Bank, involving approximately 1,534,397 shares at a price of ₹135.53 per share. Such block deals are generally associated with institutional-level participation and are structured to limit disruption to prevailing market prices. The transaction highlights notable activity in the public sector bank's shares on the exchange.

11Jun 26

Canara Bank Records ₹17.46 Crore Block Trade on NSE at ₹133.58 Per Share

Canara Bank recorded a block trade on the National Stock Exchange involving approximately 1,307,039 shares at ₹133.58 per share, amounting to a total deal value of ₹17.46 crores. The transaction highlights notable institutional activity in the stock, executed outside the regular order-matching mechanism to minimise market impact.

10Jun 26

Canara Bank revises MCLR rates effective June 12, 2026

Canara Bank revised its Marginal Cost of Funds Based Lending Rate (MCLR) effective June 12, 2026, increasing rates for overnight, one-month, three-month, and six-month tenors by 5 basis points each. The one-year, two-year, and three-year MCLR rates remain unchanged at 8.75%, 9.00%, and 9.05%, respectively.

09Jun 26

Canara Bank notifies special window for physical share dematerialisation

Canara Bank has notified the stock exchanges regarding a special window established for the transfer and dematerialisation of physical securities. This measure aligns with a SEBI circular dated January 30, 2026, and aims to facilitate shareholders in converting their physical holdings into electronic form.

08Jun 26

RBI imposes ₹2.5 lakh penalty on Canara Bank for reporting delay

The Reserve Bank of India imposed a monetary penalty of ₹2,49,658 on Canara Bank for delayed reporting by its currency chest. The bank received the order on June 6, 2026, and the financial impact is limited to the penalty amount.

06Jun 26

RBI imposes ₹41.80 lakh penalty on Canara Bank for KYC lapses

RBI imposed a ₹41.80 lakh penalty on Canara Bank for KYC and inoperative account violations. The bank confirmed no financial impact from the order.

03Jun 26

Canara Bank approves ₹8,500 crore capital plan for FY27

Canara Bank's Board approved raising ₹8,500 crore in FY27 through Basel III Compliant Additional Tier I and Tier II Bonds to strengthen its capital base. The plan includes ₹4,500 crore in Additional Tier I Bonds and ₹4,000 crore in Tier II Bonds, subject to market conditions.

02Jun 26

Canara Bank appoints Shri Brajesh Kumar Singh as MD & CEO

Canara Bank has appointed Shri Brajesh Kumar Singh as Managing Director & Chief Executive Officer effective June 1, 2026, following a Central Government notification under the Banking Companies Act. His tenure extends until his superannuation on April 30, 2029, or until further orders. Singh brings over 30 years of banking experience, previously serving as Executive Director at Indian Bank and Chief General Manager HR at Bank of Baroda.

29May 26

Canara Bank fixes June 12 record date for ₹4.20 dividend

Canara Bank has fixed June 12, 2026, as the record date to determine eligibility for a dividend of ₹4.20 per share. The 24th AGM is set for June 23, 2026, to approve financial results and appoint key directors.

28May 26

Canara Bank BRSR FY 2025-26: ESG, Workforce & Environmental Disclosures

Canara Bank submitted its FY 2025-26 Business Responsibility and Sustainability Report disclosing key ESG metrics including total energy consumption of 10,21,304.18 GJ, Scope 1+2 emissions of 1,76,441.35 MT CO2e, a workforce of 81,834 employees, CSR outreach to 14,278,554 individuals, and a Customer Satisfaction Score of 85.54%. The Bank targets carbon neutrality by FY 2035 and reported zero data breaches and zero environmental non-compliance incidents during the reporting period.

23May 26

Canara Bank discloses promoter holding of 62.93% for FY26

Canara Bank disclosed its promoter shareholding for FY 2025-26, confirming the Government of India holds a 62.93% stake. The bank stated no encumbrances were made on these shares during the year.

19May 26

Canara Bank Files Regulation 47 Notice for 24th AGM; Record Date Set for June 12, 2026

Canara Bank has announced its 24th AGM for June 23, 2026, via e-AGM mode, with a record date of June 12, 2026, for dividend entitlement. The Board recommended a dividend of Rs. 4.2 per equity share (210% of face value Rs. 2/-) for FY2025-26, subject to shareholder approval. Newspaper notices were published on May 15, 2026, in Financial Express, Jansatta, and Vijaykarnataka pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, with TDS applicable on dividend as per the Income Tax Act, 1961.

14May 26

Canara Bank Appoints Ms. Shalini Pandit as Government Nominee Director, Effective May 13, 2026

Canara Bank announced the appointment of Ms. Shalini Pandit, an IAS officer of the Odisha cadre and Joint Secretary in the Department of Financial Services, Ministry of Finance, as Government Nominee Director on its Board effective May 13, 2026. The appointment was made by the Central Government through Notification No. eF. No. 6/2(ii)/2022-BO.I dated May 13, 2026, replacing Shri Parshant Kumar Goyal, who ceased to hold the position on the same date. Ms. Shalini Pandit brings extensive administrative experience across education, health, and public service sectors in Odisha. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.

13May 26

Canara Bank Q4 FY26: Net Profit ₹4,505.57 Cr; Global Business Crosses ₹28,06,000 Crore

Canara Bank reported Q4 FY26 standalone net profit of ₹4,505.57 crore and full-year FY26 profit of ₹19,186.67 crore, with global business crossing ₹28,06,000 crore as of March 31, 2026. GNPA ratio improved to 1.84% and capital adequacy stood at 17.04% under Basel III. The board recommended a dividend of ₹4.20 per share, and management guided for ROA over 1%, NIM of 2.5–2.6%, and credit growth of 11–12% for the upcoming year.

12May 26

Morgan Stanley Maintains Underweight on Canara Bank with Target Price of ₹103 Amid Mixed Quarterly Signals

Morgan Stanley has maintained an Underweight rating on Canara Bank with a target price of ₹103, noting a PAT beat driven by lower provisions and higher non-core income. Key concerns include rising gross slippages to ₹28bn, a modest NIM improvement of only 9bps to 2.54%, and slowing deposit growth despite strong 15.1% loan growth. The brokerage also flagged a projected ₹100bn ECL impact over four years and an expected ROA moderation to approximately 0.8% in FY27–29 as structural headwinds.