Canara Bank, a leading nationalized bank, is planning to open 28 more branches in Varanasi circle. Recently, the bank has opened its 42nd circle office in the country at Varanasi, Uttar Pradesh. Meanwhile, as part of the corporate social responsibility (CSR) activity, the bank has donated a water cooler and purifier to a district hospital in Varanasi.
Canara Bank has posted a fall of 15.79% in its net profit at Rs 610.83 crore for the quarter ended March 31, 2014, as compared to Rs 725.38 crore for the same quarter in the previous year. However, total income of the bank has increased by 22.57% at Rs 11609.72 crore for quarter under review as compared to Rs 9471.57 crore for the quarter ended March 31, 2013.
