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Canara Bank Q1 net profit up 10% to 3,905 crore

During the quarter, the bank's total income increased to ₹34,020 crore, as against ₹29,823 crore a year ago, Canara Bank said in a regulatory filing.

Interest income grew to <span class='webrupee'>₹</span>28,701 crore during the period under review, from <span class='webrupee'>₹</span>25,004 crore in the corresponding quarter a year ago.
Published on Jul 25, 2024 02:33 PM IST
PTI |

Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend

Canara Bank Q4 results: Canara Bank's net NPA ratio stood at 1.27 per cent as on March 31, as compared 1.32 percent in a quarter ago period.

Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend
Updated on May 08, 2024 02:08 PM IST

IndusInd Bank's Q4 profit jumps 50% to 20.41 billion

Loan demand for many Indian banks have seen double-digit growth even as the country's central bank persistently raised interest rates.

Provisions dropped 29.5% to 10.30 billion rupees, the company said in an exchange filing.(File image)
Published on Apr 24, 2023 04:33 PM IST
Reuters |

A pragmatic move by RBI

The rate hike pause was likely triggered by global uncertainties but will provide relief

And at a time when rapid rate tightening — the interest rate has gone up by 2.5 percentage points since May — has especially pinched retail borrowers, the pause should provide some relief. (Mint)
Published on Apr 06, 2023 07:34 PM IST
ByHT Editorial
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