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Canara Bank Q2 Results: Profit jumps 43% YoY to Rs 3,606 crore on lower provisions

The bank s operating profit rose 10.3% at Rs 7,616 crore, backed by a near-20% jump in net interest income at 8,903 crore. Other income was little lower at Rs 4,635 crore, against Rs 4,825 crore, primarily due to lower treasury income. ....

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Canara Bank Q2 results: Net profit rises 43%; gross, net NPAs decline

Public sector lender Canara Bank  reported a 42.8  per cent year-on-year (YoY) rise in net profit at Rs 3606 crore for the September quarter compared with Rs 2525.5 crore in the corresponding quarter of the last year.  Net interest income (NII), the difference between the interest earned from lending activities and the interest paid, rose 20 percent to Rs 8903 crore in Q2 against Rs 7433 crore reported in the corresponding quarter of the previous fiscal. ....

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Canara Bank Q2 results: Net profit triples in September quarter, shares fall

Canara Bank has reported strong results for the second quarter on the back of lower provisioning for bad loans, some improvement in asset quality and higher income from other sources. Here is all you need to know. ....

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