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Canara Bank standalone net profit jumps 65% in Q4 to reach Rs 1,666 crore
State-claimed Canara Bank on Friday revealed a 65 percent bounce in its independent net benefit at Rs 1,666.22 crore for quarter finished March 2022. The Bengaluru-settled bank had posted a net benefit of Rs 1,010.87 crore in a similar quarter a year prior. Absolute pay of the bank in the January-March time of 2021-22 rose to Rs 22,323.11 crore, from Rs 21,040.63 crore in a similar time of 2020-21, Canara Bank said in an administrative recording. On the resource quality front, the bank's net non-performing resources (NPAs) or terrible credits tumbled to 7.51 percent of the net advances toward the finish of March 2022, as