[ad_1] Bengaluru-based public sector lender Canara Bank expects to surpass its deposit growth guidance of 9%. Managing Director and Chief Executive Officer K Satyanarayana Raju said that the current focus is less on attracting deposits and more on the cost of mobilisation. Raju expects an 11% growth in advances for the January-March 2025 quarter, surpassing […]
Canara Bank Q3 results: Net profit rises 12%, asset quality improves – CNBC TV18
[ad_1] Jhunjhunwala-backed Canara Bank declared its results for three-months and nine-months ended on December 31, 2024, in which it reported a 12% year-on-year rise in net profit at ₹4,104 crore. This figure is higher than the CNBC-TV18 poll estimate of ₹3,930 crore. Company Value Change %Change The PSU-lender’s Net Interest Income (NII) for the third […]