Canara, Indian Banks Report Q1 Profit Growth in FY26

Two Indian banks, Canara Bank and Indian Bank, announced their profits for the first three months of the year.

Both banks made more money compared to the same time last year.

Canara Bank made about 22% more profit, helped by income from sources other than interest.

Indian Bank's profits went up by 24%.

Both banks had more loans going out, with a focus on lending to everyday people and small businesses.

Both banks also saw their stock prices go up.