SHANGHAI, Aug 6 (Reuters) - Canara Bank , an Indian state-owned lender, expects its net profit this year to be flat from last year due to securities-related provisions, but it will resume rising next ...
https://www.thehindubusinessline.com/money-and-banking/canara-bank-reports-19-profit-increase-at-4774-crore-despite-declining-interest-income/article70220742.ece Copy ...
The bank’s Net Interest Income (NII) declined 2% to ₹9,141 crore from ₹9,315 crore, YoY. At 2:15 PM, Canara Bank share price was trading 3.15% higher at ₹132.80 apiece on the BSE.
In terms of global business, deposits grew 13.40% YoY to Rs 15.3 lakh crore, while advances rose 13.74% to Rs 11.51 lakh crore. Within advances, the retail, agriculture, and MSME (RAM) portfolio ...
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