Report
EUR 14.32 For Business Accounts Only

CANARA BANK reduced its risk exposure resulting in an upgrade to Positive

CANARA BANK (IN), a company active in the Money Center Banks industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date February 4, 2022, the closing price was INR 261.00 and its potential was estimated at INR 274.05.
Underlying
Canara Bank

Canara is engaged in offering banking products and services throughout India. with "one stop banking". Co. provides insurance premium financing, commercial real estate financing arrangements, loan servicing, consumer finance loans, credit card lending and automobile financing. Other services include savings; deposits; health and life insurance; wealth advisory services; asset management and capital markets services. As of Mar 31 2013, Co. has 3,723 branches and 3,526 ATM's catering to more than 4.7 crore customers. At Mar 31 2013, Co. had total assets of INR4,123,426,086,000 and total deposits of INR3,558,559,913,000.

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TheScreener
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