Canara Bank, Indian Bank, J&K Bank among banking stocks in focus as lenders report Q1 business updates; Loan growth robust despite seasonal slowdown - Markets

Canara Bank, Indian Bank, J&K Bank among banking stocks in focus as lenders report Q1 business updates; Loan growth robust despite seasonal slowdown – Markets

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…

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