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Canara Bank

Canara Bank Q3 net profit moves up 92 pc

| @indiablooms | Jan 23, 2023, at 10:14 pm

New Delhi: Canara Bank on Monday said that it has posted a 91.88 percent year-on-year growth in its net profit at Rs 2882 crore for the quarter ended December 31, 2022.

The public sector lender had reported a net profit of Rs 1502 crore for the same period last financial year.

Domestic deposit of the bank stood at Rs 10,79,700 crore as of December 2022 with a growth of 9.21% (y.o.y), while domestic advances (gross) of the bank stood at Rs 80,0,907 crore
as on December 2022, registering a growth of 14.11% (y.o.y), a statement from the company said.

(With UNI inputs)

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