Of. Satyanarayana Raju. File | Photo Credit: Special Arrangement
Canara Bank increased by 33.19% year-on-year (YOY) for the March quarter of the FY25 of ₹ 3,757.23 crore a year ago.
Q4 increased the total interest income of the bank in the previous year, an increase of 31,002.04 crore, 7.62% yoy. More than 28,807.35 crores.
Its operational benefit increased from ₹ 7,387 crore to 12% to ₹ 8,284 crore in the same quarter a year ago.
The bank’s global business increased by 11.32% yoy to 25,30,215 crore, and the global deposit increased by 11.01% to 11 14,56,883 crore. Its global advance (gross) increased by 11.74% to ₹ 10,73,332 crore, while domestic advance (gross) increased by 11.06% in ₹ 10,08,671 crore. The bank’s domestic deposit was ₹ 13,31,137 crore, indicating Yoy, a 9.56% increase.
However, in the Q4 of Canara Bank’s net interest income FY24, 1.44% yoy Y decreased from 9,442 crore to ₹ 9,580 crore to of 9,442 crore. Pure interest margin 25 basis points Yoy dropped from 3.05% to 2.80%.
During the quarter, its gross NPA dropped from 4.23% yoy to 2.94%, the net NPA declined from 1.27% to 0.70%.
The Board of Directors recommended a dividend of an equity share of 4 per equity for the year ended 31 March, 2025, which is subject to the required approval.
Published – May 10, 2025 09:53 AM IST
