Canara Bank (BOM:532483)
₹ 118.05 2.8 (2.43%) Market Cap: 1.07 Til Enterprise Value: 169.76 Bil PE Ratio: 7.01 PB Ratio: 1.16 GF Score: 74/100
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Q1 2023 Canara Bank Ltd Earnings Call Transcript

Jul 25, 2022 / 11:00AM GMT
Release Date Price: ₹44.94 (-1.88%)
Operator

Good afternoon. On behalf of Antique Stock Broking, we invite you to Canara Bank 1Q FY '23 Earnings Call. Joining us today, Sri L.V. Prabhakar, MD and CEO; Sri Debashish Mukherjee, ED; Sri K. Satyanarayana Raju, ED; Sri Brij Mohan Sharma, ED. Without further ado, I will hand over the call to Mr. Prabhakar for his opening remarks, post which we will open the floor for Q&A. Over to you, sir.

Lingam Venkata Prabhakar
Canara Bank - MD, CEO & Director

Very good afternoon. And my sincere thanks to all the investors for the support they are giving to us. Now regarding the Q1 FY '20 results of Canara Bank, we have concentrated on 4 verticals. Let me tell you the internal thing.

First one is Q1, generally, the credit growth will not be so impressive. So what we thought is in Q1, we have to take the opportunity to attract all the clients and to show a decent credit growth, so that in the coming 3 quarters, the credit growth, which is significant in Q1, will give many advantages to the ratios in the coming quarters. Accordingly, we worked strategically

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