Wednesday, October 31, 2018

Canara Bank posts Rs 300 Cr net in Sept quarter

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Bangalore based public sector Canara Bank has posted a net profit of Rs 300 Cr for Sept quarter, this fiscal. The bank had recorded a net profit of Rs 260 Cr in the same quarter last fiscal.

Total income for the quarter stood at Rs 12,679 Cr as against Rs 11,995 Cr reported last year.

The bank has slight improvement in CAR at 12.62 % (12.45%). EPS for the quarter at Rs 4.08.

Shares of Canara Bank closed at Rs 262, up Rs 6 in today's trade.

Results were announced after market hours.

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