![Canara Bank share price target: Will this PSU banking stock rally more after Q4 results? Canara Bank](https://vvstockzone.com/wp-content/uploads/2024/05/Canara-Bank-1-600x388.jpg)
Canara Bank share price target: Will this PSU banking stock rally more after Q4 results?
Canara Bank’s performance for the March quarter met market expectations, with its net interest margin (NIM) showing a slight expansion despite a rise in the cost of funds. This was attributed to the bank’s strategic approach of gradually restructuring its exposure to older, low-yielding corporate assets. By either renewing these assets at current market rates…