Should You Invest in Canara Bank's Stock?
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Questions and Answers

What is the reason for the nosedive in Canara Bank's share price?

  • Higher growth in risky assets
  • No interest from investors
  • Lower valuation compared to peers
  • Significant improvement in NIM growth (correct)

    • What is the GNPA for Canara Bank's agriculture loan and corporate loan in FY23?

  • 5.31% and 5.89%
  • 3.4% and 6.44% (correct)
  • 7.5% and 1.73%
  • 19.14% and 86.76%

    • What is the percentage of growth in advances and deposits for Canara Bank in FY23?

  • 19.14% and 86.76%
  • 5.31% and 5.89%
  • 18% and 8.5% (correct)
  • 21% and 20.60%

    • What is the percentage of decrease in Canara Bank's gross nonperforming assets (GNPA) ratio from FY18 to FY23?

    <p>0.58%</p> Signup and view all the answers

    What is the near-term support level for Canara Bank's share price according to Vaishali Parekh?

    <p>₹285</p> Signup and view all the answers

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