Canara Bank B P Jatav steps down
Canara Bank (CANBK) said B P Jatav has ceased. The company is valued at about ₹1.07 lakh crore.
What happened
In a filing with the BSE on 1 October 2026 at 06:25 PM, Canara Bank (CANBK) said that B P Jatav has ceased.
From the filing: "Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise;"
Company snapshot
Canara Bank is a large-cap company in the Financial Services sector, with a market value of about ₹1.07 lakh crore.
The stock last traded at ₹118.4, against a 52-week range of ₹118–₹162.9 (27.3% below the high).
Before this filing the shares had moved −5.8% over the month and −5.6% over three months. Average daily turnover over the last 20 sessions was about ₹143 crore.
Promoters held 62.93% at the end of Q1 FY27. Foreign institutions owned 12.68% and domestic institutions 11.91%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 41,442 | 3,195 | 3.52 |
| Q2 FY26 | 42,014 | 4,850 | 5.35 |
| Q3 FY26 | 33,089 | 5,253.7 | 5.79 |
| Q4 FY26 | 36,539 | 4,574.2 | 5.04 |
| Q1 FY27 | 39,696 | 5,180.7 | 5.71 |
What history shows
This is not the company's first management change disclosure: BCEIE has 10 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 1.8% on average the next trading day and was up 2.0% on average after five days (7 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.1% on average the next day and −0.3% over five days; 47% of them rose the next day.
Market-wide, 3,837 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Sept 2026 | Change in Director(s) of the company. | −0.8% | — |
| 31 Jul 2026 | Change in Management | +2.4% | +3.2% |
| 8 Jul 2026 | Change in Management | +6.3% | +3.9% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Canara Bank Share Price - Live NSE: CANBK Stock Price & Chart
- Bank Strike: SBI, IOB, Canara Bank And Others To Remain Closed For 5 Days From September 26? Check UPI, ATM
- Canara Bank Secures ₹2,042 Crore Via Basel III AT1 Bonds At 8.10% Interest Rate
- Canara Bank chosen as a partner for HEFA
- Indian Bank, Bank of Maharashtra, Canara Bank among 9 PSU banks to merge with SBI, PNB, BoB? PIB responds
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.