Canara Bank net profit up 34%
Public sector lender - Canara Bank has recorded a 34.48 % increase in its consolidated net profit to Rs 4,034.19 crore for the year-ended 31st March 2011.
Comparatively last year in the corresponding period the bank had a net profit of Rs 2,999.7 crore.
Other Statistics:
- Total income of the Bangalore-headquartered bank on a consolidated basis improved 18.92 % to Rs 25,792.6 crore as at March 2011, as against Rs 21,687.89 crore in the year-ago period.
- Total deposits during the period grew 25.27 % to Rs 2,93,793.92 crore and advances 25.48 % to Rs 2,12,647.38 crore.
- At 2:33 pm, Canara Bank's shares were trading up 0.73 % at Rs 534 on the BSE.
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