Canara Bank · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
11
Answered directly
73%
Numeric claims
1
Consistency
consistent
Question ledger
Mahrukh Adajania · Senior Equity Analyst, India Financials
partialWe have recognized our shortfall of the CASA... we introduced a Canara Crest... CD ratio, we are already at 76.5%... 78% is comfortable for us.
Mahrukh Adajania · Senior Equity Analyst, India Financials
directthe interest income... we used to get a benefit of excess liquidity... that benefit we are taking it in that is actually other interest income... this time... we are not lending more in that overnight investments... one NPA account... we got a recovery towards the interest on NPA is 320 crores... that 320 one-time is not available this time.
Mahrukh Adajania · Senior Equity Analyst, India Financials
partialmiscellaneous income is only debit card charges... you have to compare only year-on-year basis... year-on-year basis, 570 crore became a 747 crores with a 31% growth... regarding NPA... when we transfer our account from banks to NARCL... we are getting a 15% only upfront cash payment... the remaining 85% we get SRs... it is nothing but increasing the provisioning in NPA.
Speaker 12 · Research desk
evasiveour internal audit by the RBI is concluded, and I have not seen any such comment from that RBI regarding our gold loan in the agriculture. So I don't see any problem at this moment.
Speaker 12 · Research desk
directLast quarter, our interest on NPA recovery is INR 780 crores... but generally... it's INR 400-INR 450 crores. But last quarter, because one account resolution payment we got INR 320 crores towards the interest... this time also we got around INR 530 crores.
Jay Mundra · Equity Research Analyst, Canara Bank
directour yield... September quarter, our yield is 8.77. Now it is 8.79. There is a two basis point increase in the yield... Total actually the slippages are 800 crore agriculture. 500 crore is retail. Near to the 1,000 crore is MSME. This is 2,300 crore... No corporate account is slipped to NPA... standard restructuring is outstanding at 8,800 crores.
Ashok Ajmera · Chartered Accountant, Canara Bank
partialour excess SLR position is still there... if my credit growth is picking up... we are growing at 10.45%... we have enough cushion in the RBI window... we are putting entire our energy again on the liabilities for this entire quarter.
Ashok Ajmera · Chartered Accountant, Canara Bank
directthe December quarter, we could achieve around 3,600... cash recovery alone, it is INR 3,100 crores... we are expecting even INR 2,000 crores in the technical write-off of accounts... regarding NARCL shifting... we may get some INR 500-600 crores benefit.
Jugal Kishore · Director, Canara Bank
directAs on date, our LCR is 123%... if we implement those things as on today, it may impact our LCR from around 11-12 basis points... we introduced... longer tenures... we already garnered more than 8,000 crores in this.
Suraj Das · Equity Research Analyst, Canara Bank
partialdisinvestment in two subsidiaries... Canara Robeco Mutual Funds and Canara HSBC Insurance Company... we are expecting that both the companies may come for the IPOs in the next financial year... common activity... is only for us Can Fin Homes... we may think of coming out of that.
Speaker 14 · Research desk
evasivewe want to wait for that one or two years when the results are coming out. The real value will come out... then we may think about that, whether it has to be strategic sale or whatever it may be.
Ashley Michael · Managing Director, Canara Bank
directas on December 31st, these two are appearing in the SMA2. But as on date, these two have come out of even SMA. These are all now not even in the SMA0.
