Canara Bank Q3 results: Also, the bank has decided to focus on the retail, agriculture, and MSME sectors, which should comprise 40-60% of its corporate loan portfolio, said MD and CEO K Satyanarayana Raju.
Seasoned Dalal Street investor Rekha Rakesh Jhunjhunwala owned 3,75,97,600 equity shares, or 2.07 per cent stake of Canara Bank as of December 31, 2023.
​Canara Bank s net profit rose 27% to Rs 3656 crore in the quarter ended December 2023 due to fall in provisions and higher other income even as operating expenses increased.