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VERIFIEDET Stocks·positive
Canara Bank Q1 Results: Net profit rises 2% YoY to Rs 4,856 crore; NII jumps 13%
AI Summary
- ·Canara Bank reported a 2% year-on-year increase in net profit for Q1, reaching Rs 4,856 crore.
- ·The bank's net interest income (NII) saw a 13% year-on-year rise, amounting to Rs 10,216 crore.
- ·This NII growth is compared to Rs 9,008 crore in the previous year's corresponding period.