Canara Bank, a public sector lender headquartered in the city, reported strong third quarter results. The bank's net profit rose 26% year-on-year to ₹5,155 crore, up from ₹4,104 crore last year. Interim CEO Hardeep Singh Ahluwalia said the gains came from higher treasury income and steady improvements in asset quality. Operating profit increased 16.36% to ₹9,119.47 crore. Total income grew 10.43% to ₹39,880.96 crore. Net interest income (NII) also rose slightly by 1.13% to ₹9,252.32 crore. The bank's global business expanded 13.23% to ₹27.13 lakh crore. Global deposits climbed 12.95% to ₹15.21 lakh crore, while gross advances grew 13.59% to ₹11.92 lakh crore. Domestically, deposits hit ₹13.97 lakh crore and advances ₹11.19 lakh crore, up 11.1% and 3.34% respectively. Asset quality showed marked improvement: Gross NPA ratio fell to 2.08% from 2.35% sequentially and 3.34% year-on-year. Net NPA ratio dropped to 0.45% from 0.54% last quarter and 0.89% last year. Ahluwalia highlighted strong growth in loans to retail, agriculture, and MSME sectors (RAM credit), which rose 18.7% to ₹7.04 lakh crore. Retail loans surged by 31.37% to ₹2.73 lakh crore, while housing loans rose 17.58% to ₹1.21 lakh crore. The results underline Canara Bank's steady progress and healthy financial health in Q3 of the fiscal year.