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Canara Bank (BOM:532483) Research & Development : ₹0 Mil (TTM As of Mar. 2024)


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What is Canara Bank Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Canara Bank's Research & Development for the three months ended in Mar. 2024 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0 Mil.

Canara Bank Research & Development Historical Data

The historical data trend for Canara Bank's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canara Bank Research & Development Chart

Canara Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Research & Development
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Canara Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Canara Bank Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canara Bank  (BOM:532483) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Canara Bank Research & Development Related Terms

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Canara Bank (BOM:532483) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canara Bank (BOM:532483) » Definitions » Research & Development
Comparable Companies
BOM:500116 BOM:532477 NSE:IDFCFIRSTB BOM:532388 BOM:532461 BOM:532814 BOM:540611 BOM:532648 BOM:532505 BOM:532149 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
CANBK:India
Address
No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002
Website
https://www.canarabank.com
Canara Bank is an India-based commercial bank. The company's core businesses consist of Treasury Operations, Retail Banking Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, Hong Kong, and Dubai.

Canara Bank (BOM:532483) Headlines

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