• Shares of India's Canara Bank fall 5.7% to 117.65 rupees

• Stock on course for biggest intraday percentage loss since March 30

• Emkay Global says management highlights intense competition in gold lending as key concern despite strong Q2 results

• Says management estimates expected credit loss provisioning requirement between 120 billion rupees ($1.26 billion) and 150 billion rupees, up by 30 billion rupees due to higher bond yields and potential one-time mark-to-market impact

• JM Financial says credit cost is significantly below guidance at 0.47% against guidance of 0.75%

• Says management expects limited near-term revenue from online payments services as customer adoption remains slow, while transaction-related costs remain elevated

• Stock down 23.97% YTD

($1 = 94.9875 Indian rupees)

(Reporting by Anushka Rajvedi in Bengaluru)