Should You Invest in Canara Bank's Stock?

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Questions and Answers

What is Canara Bank's GNPA for agriculture loans?

  • 3.4% (correct)
  • 6.44%
  • 7.5%
  • 5.31%

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

  • Increase in NIM
  • Decrease in net profit
  • Low growth in advances
  • Higher growth in risky assets (correct)

What is the reason for investors not showing much interest in Canara Bank shares?

  • Canara Bank has high GNPA for corporate loans
  • Canara Bank's asset quality has not improved
  • Canara Bank has low advances growth
  • Other banks have reported better NIMs (correct)

What is Canara Bank's FY23 net profit growth percentage?

<p>86.76% (C)</p> Signup and view all the answers

What is the near-term support level for Canara Bank shares according to Vaishali Parekh?

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

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