Canara Bank (BOM:532483)
₹ 101.45 -2.45 (-2.36%) Market Cap: 920.22 Bil Enterprise Value: 249.77 Bil PE Ratio: 5.75 PB Ratio: 0.90 GF Score: 66/100

Q2 2023 Canara Bank Ltd Earnings Call Transcript

Oct 20, 2022 / 10:30AM GMT
Release Date Price: ₹51.78 (+3.58%)
Operator

Good afternoon, ladies and gentlemen. Welcome to Canara Bank's 2Q earnings call hosted by Antique Stock Broking. The management is represented by L. V. Prabhakar, MD and CEO; Shri Debashish Mukherjee, ED, Shri K. Satyanarayana Raju, ED; and Shri Brij Mohan Sharma, ED.

After the initial comments from the management, we'll have a Q&A. Without any further delays, handing over the mic to MD sir.

Lingam Venkata Prabhakar
Canara Bank - MD, CEO & Director

Thanks a lot. Thank you very much. First of all, let me convey my gratitude and thanks to all the analysts for participating in this interactive session with the management. I would like to tell the highlights in brief because other things you have already seen from the presentation, which we have uploaded.

We had a decent business growth in Q2 FY '23, especially in credit size, it is about 20%, and deposits have grown by 9.82% both above the industry average, and business has grown by 13.89%. In the last 12 months, we have added about roughly INR 2.4 trillion balance sheet to the existing

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