Canara Bank stock in focus after November deposit-rate changes
Published on 11/06/2026 at 01:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDeposit rates and stock context
- Canara Bank changed selected domestic fixed-deposit rates from November 2, 2026.
- The revised terms affect retail deposit products and senior-citizen rates.
- Investors are assessing the effect of deposit pricing on funding costs.
Canara Bank changed selected domestic fixed-deposit rates from November 2, 2026, with increases of up to 15 basis points, CNBC TV18 reported on November 3. The move changes the returns available on selected retail deposit tenures.
Deposit rates reset in November
The 555-day special fixed deposit now pays 6.75 percent to general customers, up from 6.60 percent, while senior citizens receive 7.25 percent, up from 7.10 percent. The revised rates apply to domestic term deposits below INR 3 crore.
On the 444-day special deposit, the rate is 6.65 percent for general customers and 7.15 percent for senior citizens. Canara Bank also offers 6.25 percent on several longer tenures for general customers, according to CNBC TV18.
Stock quote and investor context
Canara Bank stock traded at INR 122.90 on the National Stock Exchange of India at 14:28 IST on Thursday, November 5, 2026. Investors can follow the real-time quote of Canara Bank stock.
Deposit pricing is an operating factor for banks because it influences customer acquisition, retention and funding costs. The rate changes therefore keep attention on the balance between deposit growth and margin protection, without by themselves establishing a direct explanation for the share price.
The BSE Sensex provides the relevant Indian market backdrop for investors following Canara Bank.
More information is available in more news and analyses on Canara Bank stock.
Canara Bank at a glance
- Company: Canara Bank
- ISIN: INE476A01014
- Exchange: National Stock Exchange of India
- Symbol: CANBK
- Quote: INR 122.90 at 14:28 IST on November 5, 2026
