• Canara Bank anticipates exceeding its FY26 credit growth guidance, expecting over 12% growth in upcoming quarters, despite margin pressures from deposit repricing.
• Treasury gains contributed significantly to non-interest income, but are seasonal.
• Bank emphasized the board's ultimate responsibility for depositor safety while acknowledging the need to assess the gravity of issues before assigning blame.
• The bank has excess PSL certificates to counterbalance fluctuations, sanctioned OTS proposals worth ₹1,200 crore, and is targeting non-governmental institutions for business.
• Gross and net NPAs have improved, and slippages have been significantly reduced.
• The bank exceeded its full-year credit growth guidance in Q1 and expects to exceed 12 percent growth.
