Broker's Call: Canara Bank (Hold)
Emkay Global09-05-2023
CANARA BANK - 532483 - Capital Requirements For IND AS
This is to inform that the Bank is yet to crystallize the capital requirements for Expected Credit Loss (ECL) pending guidelines from the Regulator. The Bank is adequately capitalized to meet any future requirement. We are expected to be in line with the industry in the event of IND AS implementation. This is for your information & records.09-05-2023
CANARA BANK - 532483 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Further to our intimation on Earnings conference call (vide above referred letter) and pursuant to the SEBI (LODR) Regulations, 2015, we wish to inform that the Bank conducted an Earning conference call to discuss the Financial Results of Bank for Q4 FY 2022-23 with Analysts/Investors today i.e. Monday, 08th May, 2023 at 4.00 pm (IST). The Q4 FY2022-23 Earnings conference call audio / video recording is uploaded on Bank's website and the same can be accessed through below link: https://canarabank.com/User_page.aspx?othlink=418 This is for your information and records.08-05-2023
CANARA BANK - 532483 - Board Meeting Outcome for Audited Financial Results (Standalone & Consolidated) For The Fourth Quarter / Year Ended 31.03.2023 And Recommendation Of Dividend
This is to inform the Stock Exchanges that the Board of Directors of the Bank at its meeting held today on 08.05.2023 (Monday) inter alia has considered and approved the following: 1. Audited Financial Results (Standalone and Consolidated) for the Fourth Quarter / Year ended 31.03.2023. 2. Recommend Dividend of Rs.12/- per equity share (i.e., 120%) of face value of Rs.10/- each to the shareholders for the year 2022-23, subject to the approval of Shareholders at the ensuing Annual General Meeting of the Bank.08-05-2023
Canara Bank consolidated net profit jumps 74% to Rs 3,337 cr in March qtr
State-owned Canara Bank on Monday reported a 74 per cent jump in March quarter consolidated net profit to Rs 3,336.51 crore, helped by higher core income and lower provisions. The Bengaluru-based lender had reported a net profit of Rs 1,918.80 crore in the year-ago period. For FY23, its post tax profit grew to Rs 11,254.75 crore from Rs 6,124.83 crore in FY22. In the latest March quarter, the lender's core net interest income grew 23 per cent to Rs 8,617 crore. This was due to a 17 per cent growth in advances and a 0.14 per cent expansion in the net interest margin to 3.07 per cent. Its other income grew 7 per cent to Rs 4,776 crore but was also hit by a 72 per cent decline in the treasury income. Canara Bank's managing director and chief executive K Satyanarayana Raju said the bank will aim to grow its overall loan book in double-digit in FY24, and denied it being a moderation, saying the lender believes in over-delivering. Raju said the bank registered a corporate loan book...08-05-2023
Canara Bank consolidated net profit jumps 74% to Rs 3,337 crore in March quarter
The Bengaluru-based lender had reported a net profit of Rs 1,918.80 crore in the year-ago period.08-05-2023
CANARA BANK - 532483 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We herewith enclose a copy of the Press Release on the Audited Financial Results (Standalone and Consolidated) for the Fourth Quarter / Year ended 31.03.2023.08-05-2023
CANARA BANK - 532483 - Disclosure Of Related Party Transactions For The Half Year Ended 31.03.2023
In Compliance with the Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed Disclosure of Related Party Transactions of the Bank on consolidated basis in the format specified in accordance with applicable accounting standards for the Half Year ended March 31, 2023.08-05-2023
CANARA BANK - 532483 - Disclosure Of Security Cover Certificate For The Quarter Ended March 31, 2023
In compliance with Regulation 54 of the SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015, we enclose herewith the Security Cover Certificate for the Quarter ended March 31, 2023, as submitted by M/s Rao & Emmar, Chartered Accountants, one of the Statutory Central Auditors of the Bank.08-05-2023
CANARA BANK - 532483 - Disclosure In Terms Of Regulation 32(1) & 52(7)/7(A) Of SEBI (LODR) Regulations, 2015 - Statement Indicating Utilization Of Issue Proceeds And /Or Deviation Or Variation For The Quarter Ended March 31, 2023
This is to inform the Stock Exchanges that in accordance with the captioned regulations read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 and Circular No. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/0000000103 dated July 29, 2022, Deviation/ Variation in Utilization of funds raised for the Quarter ended 31.03.2023 is NIL. Statement indicating Utilization of issue proceeds and/or Deviation or Variation for the Quarter ended March 31, 2023 is enclosed herewith.08-05-2023