Canara Bank reported a strong start to FY27, with advances registering healthy growth during the quarter. The growth was largely driven by the bank’s RAM (Retail, Agriculture and MSME) portfolio, highlighting continued traction in granular lending segments. However, deposit mobilisation failed to keep pace with loan growth during the period. As a result, the bank’s loan-to-deposit ratio declined sequentially, reflecting a faster expansion in advances relative to deposits.
