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532483

CANBK

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CANARA BANK performance

Today’s low

Today’s high

₹ 96.95 ₹ 99.00
₹ 97.45

52 week low

52 week high

₹ 78.60 ₹ 128.90
₹ 97.45

Open Price

₹ 99.00

Prev. Close

₹ 99.33

Volume (Shares)

23757351.00

Total traded value

₹ 23151.53

Upper Circuit

₹ 109.26

Lower Circuit

₹ 89.39

info

CANARA BANK Share Price Update

As of the latest trading session, CANARA BANK share price is currently at ₹ 97.45, which is down by ₹ -1.88 from its previous closing. Today, the stock has fluctuated between ₹ 96.95 and ₹ 99.00. Over the past year, CANARA BANK has achieved a return of -20.00 %. In the last month alone, the return has been 10.36 %. Read More...

CANARA BANK fundamentals


  • Market cap (Cr)

    17,678.70

  • P/E Ratio (TTM)

    5.71

  • Beta

    1.63

  • Book Value / share

    98.24

  • Return on equity

    20.22%

  • EPS (TTM)

    17.40

  • Dividend yield

    3.24%

  • Net profit/quarter (Cr)

    4,104.20

info icon alternate text
  • Market cap (Cr)

    17,673.26

  • P/E Ratio (TTM)

    5.71

  • Beta

    1.56

  • Book Value / share

    98.24

  • Return on equity

    20.22%

  • EPS (TTM)

    17.40

  • Dividend yield

    3.24%

  • Net profit/quarter (Cr)

    4,104.20

info icon alternate text

CANARA BANK Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars MAR 2024 (Values in Cr)
Revenue 108687.93
Operating Expense 26119.79
Net Profit 14554.33
Net Profit Margin (%) 13.39
Earnings Per Share (EPS) 80.23
EBITDA 91826.97
Effective Tax Rate (%) 26.13
Particulars MAR 2023 (Values in Cr)
Revenue 84424.78
Operating Expense 22481.48
Net Profit 10603.76
Net Profit Margin (%) 12.56
Earnings Per Share (EPS) 58.45
EBITDA 67162.48
Effective Tax Rate (%) 25.18
Particulars MAR 2022 (Values in Cr)
Revenue 69410.25
Operating Expense 19791.91
Net Profit 5678.42
Net Profit Margin (%) 8.18
Earnings Per Share (EPS) 32.49
EBITDA 51987.85
Effective Tax Rate (%) 36.63
Particulars MAR 2021 (Values in Cr)
Revenue 69280.46
Operating Expense 19338.19
Net Profit 2557.58
Net Profit Margin (%) 3.69
Earnings Per Share (EPS) 16.91
EBITDA 48884.84
Effective Tax Rate (%) 31.01
Particulars MAR 2020 (Values in Cr)
Revenue 48934.99
Operating Expense 11577.24
Net Profit -2235.72
Net Profit Margin (%) -4.56
Earnings Per Share (EPS) -26.50
EBITDA 34055.51
Effective Tax Rate (%) -27.35
Particulars MAR 2024 (Values in Cr)
Book Value / Share 457.60
ROE % 19.25
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2023 (Values in Cr)
Book Value / Share 388.97
ROE % 16.37
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2022 (Values in Cr)
Book Value / Share 338.76
ROE % 10.03
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2021 (Values in Cr)
Book Value / Share 328.68
ROE % 6.07
ROCE % 5.40
Total Debt to Total Equity 19.43
EBITDA Margin 0.00
Particulars MAR 2020 (Values in Cr)
Book Value / Share 338.50
ROE % -6.12
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 151164.68
Total Assets 1535017.63
Total Liabilities 1535017.63
Total Equity 93133.66
Share Outstanding 1814130252
Price to Book Ratio 1.35
Return on Assets (%) 0.99
Return on Capital (%) 1.04
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 141702.82
Total Assets 1381029.56
Total Liabilities 1381029.56
Total Equity 78957.54
Share Outstanding 1814130252
Price to Book Ratio 0.78
Return on Assets (%) 0.81
Return on Capital (%) 0.86
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 182391.42
Total Assets 1258788.74
Total Liabilities 1258788.74
Total Equity 70786.01
Share Outstanding 1814130252
Price to Book Ratio 0.72
Return on Assets (%) 0.48
Return on Capital (%) 0.51
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 178866.37
Total Assets 1179539.59
Total Liabilities 1179539.59
Total Equity 63202.96
Share Outstanding 1646738220
Price to Book Ratio 0.50
Return on Assets (%) 0.24
Return on Capital (%) 0.26
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 68589.81
Total Assets 741440.27
Total Liabilities 741440.27
Total Equity 41936.05
Share Outstanding 1030233351
Price to Book Ratio 0.28
Return on Assets (%) -0.26
Return on Capital (%) -0.28
Company Name Price P/E P/B Market Cap 52 Week Low/High
STATE BANK OF INDIA 811.75 9.13 1.60 724456.03 679.65 / 912.10
KOTAK MAHINDRA BANK LTD 2205.35 22.30 2.97 438472.76 1544.15 / 2301.55
FEDERAL BANK LTD 203.30 12.37 1.53 49929.84 148.25 / 216.90
HDFC BANK LTD 1908.25 20.64 2.82 1460869.40 1430.15 / 1977.95
Company Name Price P/E P/B Market Cap 52 Week Low/High
STATE BANK OF INDIA 811.75 9.93 1.77 724456.03 679.65 / 912.10
KOTAK MAHINDRA BANK LTD 2205.35 30.56 3.96 438472.76 1544.15 / 2301.55
KARUR VYSYA BANK LTD 218.05 9.31 1.61 17554.04 165.15 / 246.15
FEDERAL BANK LTD 203.30 12.71 1.58 49929.84 148.25 / 216.90

CANARA BANK Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
97.45 -1.89 redarrow
red-green-graph indicator
4 Bearish
12 Bullish
  • 5 Days 98.40
  • 26 Days 93.50
  • 10 Days 97.10
  • 50 Days 92.10
  • 12 Days 96.50
  • 100 Days 94.00
  • 20 Days 94.50
  • 200 Days 96.90
99.84 PIVOT

First Support

98.29

First Resistance

100.88

Second Support

97.25

Second Resistance

102.43

Third Support

95.70

Third Resistance

103.47

RSI

63.13

ADX

44.46

MACD

3.00

Williams % R

-17.43

Commodity Channel Index (CCI)

102.58

Date

2025-04-29

Week

17239859.00

Same Day

22241963.00

Month

12782987.00

1 Year

1.63

3 Year

1.61

Over 1 Month

10.36%

down

Over 1 Year

-20.00%

down

Over 3 Months

8.04%

down

Over 3 Years

29.31%

down

Over 6 Months

-4.26%

down

Over 5 Years

41.54%

down

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CANARA BANK shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
14.66%
Promoter Holdings
62.93%
FII
10.54%
DII
11.84%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
President Of India 5.70854839E9 (62.93%) Shareholding of Promoter and Promoter Group
Life Insurance Corporation Of India 5.18925972E8 (5.72%) Public Shareholding
Rekha Jhunjhunwala 1.32443E8 (1.46%) Public Shareholding

News

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CANARA BANK corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
14 Jun 2023 12.0 Final 14 Jun 2023 Equity shares
15 Jun 2022 6.5 Final 16 Jun 2022 Equity shares
12 Jul 2017 1.0 Final 14 Jul 2017 Equity shares
25 Jun 2015 10.5 Final 27 Jun 2015 Equity shares
03 Jul 2014 4.5 Final 05 Jul 2014 Equity shares
24 Jan 2014 6.5 Interim 27 Jan 2014 Equity shares
04 Jul 2013 13.0 Final 06 Jul 2013 Equity shares
14 Jun 2012 11.0 Final 16 Jun 2012 Equity shares
06 Jul 2011 11.0 Final 08 Jul 2011 Equity shares
14 Jun 2010 10.0 Final 16 Jun 2010 Equity shares
08 Jul 2009 8.0 Final 10 Jul 2009 Equity shares
10 Jun 2008 8.0 Final 12 Jun 2008 Equity shares
26 Jun 2007 7.0 Final 28 Jun 2007 Equity shares
14 Jun 2006 0.0 Final 01 Jan 0001 Equity shares
26 Jul 2005 0.0 Final 28 Jul 2005 Equity shares
11 Feb 2005 0.0 Interim 14 Feb 2005 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
14 Jun 2023 12.0 Final 14 Jun 2023 Equity shares
15 Jun 2022 6.5 Final 16 Jun 2022 Equity shares
12 Jul 2017 1.0 Final 14 Jul 2017 Equity shares
25 Jun 2015 10.5 Final 27 Jun 2015 Equity shares
03 Jul 2014 4.5 Final 05 Jul 2014 Equity shares
24 Jan 2014 6.5 Interim 27 Jan 2014 Equity shares
04 Jul 2013 13.0 Final 06 Jul 2013 Equity shares
14 Jun 2012 11.0 Final 16 Jun 2012 Equity shares
06 Jul 2011 11.0 Final 08 Jul 2011 Equity shares
14 Jun 2010 10.0 Final 16 Jun 2010 Equity shares
08 Jul 2009 8.0 Final 10 Jul 2009 Equity shares
10 Jun 2008 8.0 Final 12 Jun 2008 Equity shares
26 Jun 2007 7.0 Final 28 Jun 2007 Equity shares
14 Jun 2006 0.0 Final 01 Jan 0001 Equity shares
26 Jul 2005 0.0 Final 28 Jul 2005 Equity shares
11 Feb 2005 0.0 Interim 14 Feb 2005 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]

Canara Bank Share Price

Canara Bank reported an 18% growth in standalone net profit to Rs 3,757 crore for the quarter ended March 2024, up from Rs 3,174 crore in the same period last year.

  • Net interest income (NII) for the quarter increased by 11% year-on-year (YoY) to Rs 9,580 crore.
  • The Board has recommended a dividend of Rs 16.10 per share, 161% of face value each, for the financial year 2023-24.
  • Operating profit (before provisions and contingencies) rose marginally by 2% YoY to Rs 7,387 crore in the fourth quarter, compared to Rs 7,252 crore in the same period last year.
  • Provisions for the January-March 2024 period amounted to Rs 2,482 crore, a 20% decrease YoY from Rs 3,095 crore in the corresponding period last year.
  • The gross non-performing assets (GNPA) ratio reduced to 4.23% in the March quarter, down from 4.39% in the December quarter.
  • The net NPA ratio also decreased to 1.27% as of March 2024, down from 1.32% as of December 2023. The capital adequacy ratio for the fourth quarter was 16.28%, with Tier-I at 13.95%.
  • Global business increased by 11.31% YoY to Rs 2.27 lakh crore, with global deposits growing by 11% YoY to Rs 13.12 lakh crore.
  • Global advances were at Rs 9.6 lakh crore at the end of the March quarter, showing a growth of 11% YoY.
  • Domestic deposits of the Bank recorded a growth of 11% YoY to Rs 12.14 lakh crore, with domestic advances rising 11% YoY to Rs 9.08 lakh crore.

As of March 2024, Canara Bank had 9,604 branches, with 3,103 in rural areas, 2,751 in semi-urban areas, and 1,907 in urban areas. Shares of Canara Bank were trading 0.5% higher at Rs 579.60 on the NSE. The bank has initiated the process of seeking regulatory approval to convert its software services and products subsidiary into a non-banking finance company (NBFC), with plans to hive off its credit card division into the NBFC. Canara Bank, India’s fourth largest PSB, has a majority 69.14% stake in the company.

Canara Bank share result highlights

In the quarter ending September 30, 2024, Canara Bank reported a net profit of ₹4,015 crore, marking an 11% year-on-year increase. Total income rose by 10% to ₹34,721 crore. The bank's asset quality improved, with the gross non-performing assets (NPA) ratio declining to 5.15% from 6.37% in the previous year. These positive financial indicators have contributed to a favourable movement in the Canara Bank share price, reflecting enhanced investor confidence.

Canara Bank share annual reports

Canara Bank's annual reports provide comprehensive insights into its financial performance and strategic initiatives. The 2023-24 report highlights a significant increase in net profit and a reduction in NPAs, indicating improved asset quality. The bank's focus on digital transformation and expansion of its retail portfolio are also emphasised. These developments have positively influenced the Canara Bank share price by showcasing the bank's commitment to growth and stability.

Canara Bank share dividend

For the fiscal year 2023-24, Canara Bank declared a dividend of ₹12 per share, reflecting its strong financial position and commitment to shareholder returns. This dividend payout is indicative of the bank's profitability and prudent financial management, factors that positively impact the Canara Bank share price by enhancing investor confidence.

Popular FAQs

1. Who is the CEO of Canara Bank Ltd?

As of November 2024, the Managing Director and CEO of Canara Bank is K. Satyanarayana Raju. He assumed the role in February 2023, bringing extensive experience in the banking sector. Under his leadership, strategic initiatives have been implemented, influencing the Canara Bank share price through improved operational performance.

 

2. When was Canara Bank established?

Canara Bank was established on July 1, 1906, in Mangalore, India. Over the decades, it has grown into one of the largest public sector banks in the country, with a significant impact on the Canara Bank share price through its extensive operations and market presence.

 

3. What factors influence the Canara Bank share price?

The Canara Bank share price is influenced by various factors, including the bank's financial performance, asset quality, regulatory changes, and economic conditions. Market sentiment, interest rates, and developments in the banking sector also play significant roles in determining the share price movements.

 

4. Is Canara Bank debt free?

No, Canara Bank is not debt-free. As a banking institution, it operates with a mix of equity and debt to fund its lending and investment activities. The bank maintains a prudent debt-to-equity ratio, ensuring financial stability and the ability to meet its obligations without adversely affecting the Canara Bank share price.

 

5. What is the CAGR of Canara Bank share?

Over the past five years, the Compound Annual Growth Rate (CAGR) of Canara Bank shares has been approximately 12%. This indicates a steady growth in the Canara Bank share price, reflecting the bank's consistent financial performance and strategic initiatives aimed at enhancing shareholder value.

 

6. How has the Canara Bank share price performed over the past year?

Over the past year, the Canara Bank share price has experienced fluctuations influenced by market conditions and the bank's financial performance. As of November 2024, the share price has shown a modest increase compared to the same period last year, reflecting investor confidence in the bank's strategic direction and financial health.

 

CANARA BANK Share Price

Canara Bank is a state-owned commercial bank with headquarters in Bangalore. The Bank provides a range of products and services to the customers. Across the borders, the Bank has 8 branches, one each at London, Leicester, Hong Kong, Shanghai, Manama, Johannesburg, New York and DIFC (Dubai) & a Representative Office at Sharjah, UAE.

Canara Bank was incorporated on July 1, 1906 with the name Canara Hindu Permanent Fund Ltd. In the year 1910, the name of the Bank was changed from Canara Hindu Permanent Fund Ltd to Canara Bank Ltd. In July 19, 1969, the Bank was nationalized along with 14 major banks in the country. In the year 1976, they inaugurated their 1000th branch.

In the year 1983, the Bank inaugurated an overseas branch at London. In the year 1984, Laksmi Commercial Bank Ltd was amalgamated with the Bank. In the year 1985, the Bank commissioned Indo Hong Kong International Finance Ltd. In the year 1987, they launched Canbank Mutual Fund & Canfin Homes. In the year 1989, they started Canbank Venture Capital Fund.

During the year 1989-90, the Bank incorporated their factoring subsidiary, Canbank Factors Ltd. During the year 1992-93, they became the first Bank to articulate and adopt the directive principles of 'Good Banking'. During the year 1995-96, they became the first Bank to be conferred with ISO 9002 certification for one of its branches in Bangalore.

During the year 2001-02, the Bank opened a 'Mahila Banking Branch', first of its kind at Bangalore, for catering exclusively to the financial requirements of women clientele. During the year 2003-04, they launched Internet Banking Services. During the year 2005-06, they launched Core Banking Solution in select branches.

During the year 2006-07, the Bank signed MoUs for commissioning two joint ventures in Insurance and Asset Management with international majors namely, HSBC (Asia Pacific) Holding and Robeco Groep N.V respectively. During the year 2007-08, they launched New Brand Identity. They incorporated Insurance and Asset Management joint ventures. Also, they launched 'Online Trading' portal and a 'Call Centre'.

During the year 2008-09, the Bank commissioned their third foreign branch at Shanghai. They expanded their arrangement under 'Remit Money', a web based product by extending to 11 Exchange Companies/ Banks and continues to have Electronic Funds Transfer (EFT) arrangement with 10 Exchange Houses /Banks. The Bank opened 54 new branches during the year.

During the year 2009-10, the Bank opened 314 new branches taking the total branches to 3046. They expanded their arrangement under 'Remit Money', a web-based product by extending to 17 Exchange Companies/ Banks and 4 branches abroad. They launched 'SME SULABH', a new business model for speedy credit delivery to the MSME Sector.

During the year 2010-11, the Bank added 210 domestic branches, taking the total tally under the branch network to 3,257 branches, including 4 overseas branches one each at London, Leicester, Hong Kong and Shanghai. During the year, the bank's aggregate business crossed Rs 5 lakh crore mark and net profit crossed Rs 4000 crore mark. The bank achieved 100% coverage under Core Banking Solution during the year. In 2010-11, Canara Bank raised Rs 1993 crore under QIP. The holding of Government of India in the bank was reduced to 67.72% post QIP.

In 2011-12, the total number of branches of the bank reached 3,600. During the year, the bank opened its 5th foreign branch at Manama, Bahrain. In 2013-14, the bank opened 1,027 branches and 2,786 ATMs. During the year, the global business of the bank crossed the Rs 7 lakh crore milestone. In 2014-15, the global business of the bank crossed Rs 8 lakh crore. In 2015-16, Canara Bank opened its 8th foreign branch at DIFC (Dubai). In 2016-17, Canara Bank's branch network crossed 6,000 milestone. During the year, the bank opened a foreign subsidiary in Tanzania.

As on 31 March 2018, the bank has 7 domestic subsidiaries, one joint venture and one associate company under its roof.

During the FY2018, the bank received Master card Innovation Award for Canara International Prepaid card under prepaid segment. The bank also received VISA Award on crossing a key milestone on issuance of 1.35 crore VISA debit card. The bank also bagged ASSOCHAM Social Banking Excellence Awards 2017 for Government Sponsored Schemes and Runner-up for Agriculture Banking in the Large Bank Class. The bank received Golden Peacock Award 2017 for Corporate Social Responsibility from Institute of Directors, New Delhi.

The Bank raised Rs 4865 Crore on 27.03.2018 by issue / allotment of 135954616 shares of Rs 10 each issued at a price of Rs 357.84 to Government of India on preferential basis

In a bid to expand the reach, the bank added 132 domestic branches during the year. As at 31 March 2018 the Bank had 6212 branches, including Specialized Branches and 8 overseas branches. The bank has 9395 number of ATMs as on 31 March 2018.

During the fiscal 2019, the total Deposits increased to Rs 599033 crore as compared to Rs 524772 crore in the previous year, with a y-o-y growth of 14.15%. The total business of the Bank increased to Rs 1043249 crore, with a y-o-y growth of 12.71% compared to Rs 925615 crore in the previous year. During the year, the Bank's total clientele base increased by 46 lakhs to 8.73 crore from the last year's level of 8.27 crore.

In a bid to expand the reach, the bank added 32 domestic branches and converted 84 Retail Asset Hubs as general branches during the year. As at 31 March 2019 the Bank had 6316 branches, including Specialized Branches and 6 overseas branches. The bank has 8851 number of ATMs as on 31 March 2019.

During the FY2019, the bank Secured Chamber of Indian Micro Small & Medium Enterprises (CIMSME) awards for best bank for promotional schemes (Large category). The bank Secured 1st position in Digital Score Card among all PSBs published by Ministry of Electronics and Information Technology (MeitY) as on 31.12.2018. The bank bagged four awards from the Associated Chambers of Commerce and Industry of India (ASSOCHAM) under its Social Banking Excellence Awards 2018.

During the FY2020, the total Deposits increased to Rs 625351 crore as compared to Rs 599033 crore in the previous year, with a y.o.y growth of 4.39%. The total business of the Bank increased to Rs 1076574 crore, with a y.o.y. growth of 3.19% compared to Rs 1043249 crore in the previous year.

In a bid to expand the reach, the bank added 45 domestic branches during the year. As at 31 March 2020, the Bank had 6334 branches, including 291 Specialized Branches and 5 overseas branches. The bank has 8850 number of ATMs as on 31 March 2020.

During the year, Ministry of Finance, Government of India has infused Capital of Rs 6571 Crore in the Bank during the current financial year by way of preferential allotment of equity shares. The Bank issued 27, 69, 88,576 fully paid-up equity shares of Rs 10/- each at an issue price of Rs 237.23 per equity share including premium of Rs 227.23 aggregating Rs 6571 crore, on preferential basis to the Government of India and there by Government of India holding in the bank increased to 78.52%.

The bank has raised capital by issuing Basel III Compliant Tier II Bonds to the tune of Rs 3000 crore bearing coupon of 7.18% in the last quarter of FY 2020.

The Government of India (Gol}, Ministry of Finance, Department of Financial Services dated 04th March, 2020 approved Scheme of Amalgamation of Syndicate Bank into Canara Bank in exercise of powers conferred by Section 9 of Banking Companies (Acquisition and Transfer of Undertaking) Act, 1980, which came into effect from 01st April, 2020.

During quarter ended 31.03.2020, the Bank has issued and allotted 19,32,36,714 equity shares of face value of Rs 10 each to qualified institutional players at an issue price of Rs.103.50 per equity shares (which includes Rs.93.50 per equity share towards share premium}.

During quarter ended 31.03.2020, the Bank has issued Basel Ill Compliant Additional Tier -I Bond Series Ill of Rs.1635 crore through private placement.

The Bank added 45 domestic branches during the year 2020. As at March 2020, the Bank had 6334 domestic branches, including Specialized Branches and 5 overseas branches.

The Bank added 130 domestic branches during the year 2021. As at March 2021, the Bank had 10416 domestic branches, including Specialized Branches.

As on 31 March 2022, Bank had 9,734 branches, including Specialized Branches and 12,208 ATMs.

In FY 2021-22, the Bank has opened 158 new Banking outlets, out of which 16 are General branches, 27 are Retail Assets Hubs, 81 are MSME Sulabhs, 5 are Asset Recovery Management (ARM) branches, 14 are Agricultural Credit Centers and 15 are Large Corporate Branches. Moreover, 31 SME Hubs (Back Office) and 12 Sanction-Alone' RAHs were converted as Banking Outlets. Hence, total of 201
branches were added. Besides this, 3 Currency Chests were also opened in FY 2021-22.

In 2022, Canara Bank has entered into tie-up with two Fin-tech companies namely M/s Atyati Technologies Pvt. Ltd., and M/s SUB K Impact Solutions Ltd., for sourcing of loan proposals up to Rs. 10 lakhs.

During FY 2022-23, the global business of the Bank stood at Rs 20,42,001 crore with a growth of 11.73% y-o-y from Rs 18,27,556 crore, with global deposits at Rs 11,79,219 crore with a growth of 8.54% y-o-y and global advances at Rs 8,62,782 crore with a growth rate of 16.41%. Total Deposits grew by 8.54% y-o-y from Rs 10,86,409 crore as on March 2022 to Rs 11,79,219 crore as on March 2023. Advances (Gross) of the Bank reached Rs 8,62,782 crore as at March 2023.

As on 31 March 2023, Bank had 9,706 branches, including Specialized Branches and 12,130 ATMs. The Bank opened 79 domestic branches during the year 2022-23. 107 domestic branches were merged during the year. The total Specialized Branches of the Bank stood at 823 as at March 2023.

During the Financial Year 2022-23, Bank raised capital via Basel III compliant additional Tier 1 Bond amounting to Rs 4,000 crore, Tier 2 Bonds amounting to Rs 2,000 crore and as a result, the Government of India shareholding in the Bank stands at 62.93% as on 31.03.2023.

During the year FY 2022-23, Bank earned a commission income of Rs 300.11 crore from its joint venture, M/s Canara HSBC Life Insurance Company Ltd. A commission income of Rs 83.93 crore was earned under Non-Life (General Insurance & Health Insurance) business from all the three GI Partners namely, The New India Assurance Co. Ltd, M/s Bajaj Allianz General Insurance Co. Ltd and M/s TATA AIG General Insurance Co. Ltd. Under the Mutual Fund business, the Bank has earned a commission of Rs 41.75 crore from its joint venture, M/s Canara Robeco Asset Management Company Ltd.

As on 31 March 2024, the Bank had 9,604 branches, including Specialized Branches and 12,155 ATMs. The Bank opened 211 domestic branches during the year 2023-24. 313 domestic branches have been merged in 2024. The total Specialized Branches of the Bank stood at 620 as at March 2024.

During FY 2023-24, the global business of the Bank increased to Rs 22,72,968 Crores, up by 11.31% y-o-y with global deposits growing at a pace of 11.29% y-o-y to Rs 13,12,366 Crores and global advances growing by 11.34% y-o-y to Rs 9,60,602 Crores.

Canara Bank has set a new standard in the Indian Banking sector with the inauguration of its cutting-edge Data and Analytics Center, DnA, in Bengaluru in January 2024.

Parent organization Govt.of India - Pub.Sect.Banks
NSE symbol CANBK
Founded 1906
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Frequently Asked Questions

What is the Share Price of Canara Bank?

Answer Field

The share price of Canara Bank for NSE is ₹ 97.45 and for BSE is ₹ 97.42.

What is the Market Cap of Canara Bank?

Answer Field

The market cap of Canara Bank for NSE is ₹ 1,76,78.70 Cr. and for BSE is ₹ 1,76,73.26 Cr. as of now.

What is the 52 Week High and Low of Canara Bank?

Answer Field

The 52 Week High and Low of Canara Bank for NSE is ₹ 128.90 and ₹ 78.60 and for BSE is ₹ 129.35 and ₹ 78.58.

How to Buy Canara Bank share?

Answer Field

You can trade in Canara Bank shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for Canara Bank?

Answer Field

The 1 year returns on the stock has been -20.00%.

What is the Current Share Price of Canara Bank?

Answer Field

Canara Bank share price is for NSE ₹ 97.45 & for BSE ₹ 97.42 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Canara Bank Share?

Answer Field

The market cap of Canara Bank for NSE ₹ 1,76,78.70 & for BSE ₹ 1,76,73.26 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Canara Bank Share?

Answer Field

As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Canara Bank share is 5.71.

What is the PB ratio of Canara Bank Share?

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As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Canara Bank share is 98.24.

How to Buy Canara Bank Share?

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You can trade in Canara Bank shares with Bajaj Broking by opening a demat account.

How to Buy Canara Bank Share on Bajaj Broking App?

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To buy Canara Bank shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Canara Bank”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

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