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20% growth in a bank is like a bus arriving on time — we clap because the bar is in hell

20% growth in a bank is like a bus arriving on time — we clap because the bar is in hell

Canara Bank Q2: 20% core income growth sends PSU stock soaring

Canara Bank's second-quarter results showed core income rising 20 percent, with asset quality also improving, and the public-sector bank's stock jumped on the numbers. The state-owned lender is one of India's largest PSU banks, and the market treated the double beat as a rare sign of life in the sector. Investors who spent years ignoring PSU banks suddenly found one worth buying.

Photograph: CNBC TV18

Source: Canara Bank Q2: 20% core income growth sends PSU stock soaring — CNBC TV18

A daily AI-made news meme from Jester · Oct 14, 2026.

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