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Canara Bank net roars 33% to Rs 5,003 crore
NF Times
|May 10, 2025
The fourth largest public sector lender Canara Bank has reported 33.2% jump in net income at Rs 5,002.7 crore for the March quarter on improved asset quality and other income as its core income slipped marginally during the reporting period.
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Apart from the significant improvement in the asset quality the other key metrics that helped the bottom line surge are a massive 20% jump in fee income at Rs 2,335 crore, a 4 bps fall in credit cost at 0.92% and a 38 bps fall in the slippage ratio at 0.90.
Esta historia es de la edición May 10, 2025 de NF Times.
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