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Canara Bank's net profit rises 28% to Rs 5,070cr in Q4

Times of India LogoTimes of India15h ago

Canara Bank's net profit rises 28% to Rs 5,070cr in Q4 - Times of India

Quick Summary:

India Business News: BENGALURU/MUMBAI: Canara Bank reported a net profit of Rs 5,070 crore for the March quarter, an increase of 28% over Rs 3,951 crore in the correspondi.

Global deposits and advances grew 11% and 11.74% respectively, to Rs 14.6 lakh crore and Rs 10.7 lakh crore.

Total provisions dropped to Rs 1,831 crore from Rs 2,483 crore a year earlier.


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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 04:24:25 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28499323

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 42 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 46 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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