Rekha Jhunjhunwala likely exits Canara Bank after taking home multibagger returns

January 6, 2026

Rekha Jhunjhunwala has likely exited Canara Bank after her stake fell below 1% in Q3, ending a highly profitable multiyear investment. The move follows a sharp rally in the stock, which gained nearly 60% over the past year amid improving asset quality, strong credit growth and renewed investor interest in PSU banks.

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